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Ruling 2321

The depositor and the depositee must be of the age of legal responsibility (bāligh), sane (ʿāqil), and no one must have compelled them [to enter into the security agreement]. Furthermore, the depositor must not have been proclaimed bankrupt (mufallas), nor must he be foolish with finances (safīh) (the meaning of these terms was explained in Ruling 2272). However, if a bankrupt person deposits as security property that is not his or property over which he has not been prohibited to have disposal, there is no problem.