Is a condition valid that the pledgee (Mortgagee) shall sell the pledged item upon debt maturity?

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The stipulation that the pledgee shall sell the collateral upon debt maturity is valid. Abu Hanifa and Malik hold this view. The reasoning is that what is permissible to stipulate for a non-pledgee to do, is permissible to stipulate for the pledgee, such as selling another asset. Furthermore, if it is permissible to stipulate for retention, it is permissible to stipulate for selling, similar to the *Adil* (trustee). The difference in the intent of the parties does not cause harm, as the pledgee's goal is legitimate: securing the debt payment and executing the sale upon due date. The pledgor's consent, knowing the pledgee's intent, implies permission.