What is the ruling if the pledged asset is lost or becomes defective after the pledgee takes possession?

General Chapter

Al-Mughni

Book of Pledges (Collateral)

Book 13 · Issue 2 · Bab 1

Open in Qurani

Primary text

If the pledged asset is lost or becomes defective after possession has been taken by the pledgee, the seller has no option to void the transaction.