Where should the bankrupt's assets be sold?

General Chapter

Al-Mughni

Book of the Insolvent (Bankruptcy)

Book 14 · Issue 8 · Bab 1

Open in Qurani

Primary text

It is recommended to sell every item in its appropriate marketplace—cloth in the cloth market, books in the book market, and so on—because this ensures greater security, higher demand, and accurate valuation. Selling outside the specific market is permissible if the item fetches its fair price, as the goal is securing the price, and sometimes expediency dictates selling elsewhere. If the judge specifies a location and price, selling it at that specified location for that price in another market is permissible.