Al-khalit


Dictionary term

Definition of "Al-khalit"

Lit: Mixed, blended. Tech: A partner of a business whose assets cannot be distinctly identified from those of other partners. It contrasts with the sharik, whose assets can be identified distinctly. Also, relating to the law of zakah, it refers to livestock (al-mashiyah) owned by two or more partners where it is not specified which animal belongs to whom.


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