Islamic Finance

Wadi’ah Yad Daman

February 10, 2022
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February 10, 2022

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Arabic (المحتال عليه) for the party accepting the debt (dayn/ dainدين) liability that needs to be discharged or repaid to the assignee/ transferee (al-muhaalالمحال) by virtue of the debt assignment/ debt transfer (hawalat al-daynحوالة الدين).

Al-muhtaal alaihi is also called al-muhaal alaihi (المحال عليه).

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