What is the consequence if the mortgaged property, held by the mortgagee but awaiting the passage of time for full legal possession under the Shafi'i view, perishes before that time elapses?
General Chapter
Al-Mughni
Book of Pledges (Collateral)
Primary text
If the property perishes before the time required for feasible possession passes, it is treated the same as if the mortgaged property perished before any possession was taken.
Supporting text
None mentioned.