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Bankruptcy

In Arabic iflas (إفلاس). In general, it is a situation when a person runs short of funds. The bankrupt person…

Bankruptcy

In Arabic iflas (إفلاس). In general, it is a situation when a person runs short of funds. The bankrupt person...

Taflis

Arabic (تفليس) for judgment of bankruptcy (iflas) or declaration of bankruptcy by court. In shari’a parlance, it stands for interdiction...