The Form of Taking Possession in a Settlement for Cash with One Who Admitted Owning Cash to Another
Machine translationRead the Arabic original
The questioner : What? Explicitly on the land. Yes, how?
The Shaykh : He gives the compensation, and the second party has already taken possession. For example, I currently owe so-and-so ten dinars in my liability, and he settled with me for them for one hundred dirhams. I bring one hundred dirhams and give them to him, and the dinars are already in my liability. Even in currency exchange, it is permissible to exchange with a person for a debt in his liability without needing to bring it in. That is, there is no need to say, "Bring the dirhams first, then agree with him," because what is in the liability is considered taken possession of.
The Shaykh : He gives the compensation, and the second party has already taken possession. For example, I currently owe so-and-so ten dinars in my liability, and he settled with me for them for one hundred dirhams. I bring one hundred dirhams and give them to him, and the dinars are already in my liability. Even in currency exchange, it is permissible to exchange with a person for a debt in his liability without needing to bring it in. That is, there is no need to say, "Bring the dirhams first, then agree with him," because what is in the liability is considered taken possession of.
Source
قناة «فضيلة الشيخ محمد بن صالح العثيمين»، [4663] صورة التقابض في الصلح على نقد لمن اعترف لغيره بنقد - تعليقات على الكافي لابن عثيمين — youtube.com
The Arabic text is a machine transcription of the audio recording.