Can a loan be transferred to a 3rd party ?

Fatawa Question

I have taken a loan from my sister and then I have lent the money to a 3rd party on the condition that, they will repay back the loan to my sister directly. Am I still responsible for the loan ? If yes then how do I include it in my Will ?

Fatwa

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Publisher

al-Qalam Shariah Scholar Panel

Publication Date

2014-12-16

Country of Publication

United Kingdom

Main Subjects

Economics & Business Administration
Financial and Accounting Sciences
Islamic Studies

Topics

No. of Pages

1

Data Type

Fatawa

Language

English

Record ID

BIM-726992

American Psychological Association (APA)

al-Qalam Shariah Scholar Panel (Manchester, England). 2014-12-16. Can a loan be transferred to a 3rd party ?. . Manchester England : al-Qalam Shariah Scholar Panel.
https://search.emarefa.net/detail/BIM-726992

Modern Language Association (MLA)

al-Qalam Shariah Scholar Panel (Manchester, England). Can a loan be transferred to a 3rd party ?. Manchester England : al-Qalam Shariah Scholar Panel. 2014-12-16.
https://search.emarefa.net/detail/BIM-726992

American Medical Association (AMA)

al-Qalam Shariah Scholar Panel (Manchester, England). 2014-12-16. Can a loan be transferred to a 3rd party ?. Manchester England : al-Qalam Shariah Scholar Panel.
https://search.emarefa.net/detail/BIM-726992