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Islamic Finance




Ibra’ Khas


An Arabic term (إبراء خاص) that means special discharge. By definition, it is a variant of ibra’ whereby a person is relieved from another’s demand for a specific right or property. Ibra’ khas subdivides into: 1) discharge from a claim to property; 2) discharge of the property itself. The first type involves dropping a claim to property, such as a real estate (piece of land, building, etc), after having initiated the claim. In this case, the discharging person cannot claim it anymore. In the second type, the right to the property is normally relinquished after it has been established. An example is the case a person relinquishes the right of pre-emption or drops a debt owed by another person.



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