Bankrupt

Bankrupt Completed Form

The word Bankrupt is a stemmed form of the following words:

Bankrupt Dictionary Definition

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from dictionary.com

http://www.dictionary.com/browse/Bankrupt

from collinsdictionary.com

https://www.collinsdictionary.com/dictionary/english/Bankrupt

Bankrupt in Wikipedia

https://en.wikipedia.org/wiki/Bankrupt

Bankrupt References or Citations

In Quran

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In Hadith Text Books

Bankrupt In Sahih AlBukhari

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In Sahih Muslim

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In Sunan AlTermithi

Hadith Page	Arabic Text	English Translation	Book and Chapter
SunanAlTermithi-017-001-9660		Abu Huraira narrated that the Messenger of Allah s.a.w said: DO you know who the bankrupt is? They said: O Messenger of Allah! The bankrupt among us is the one who has no Dirham nor property. The Messenger of Allah s.a.w said: The bankrupt in my Ummah is the one who comes with Prayer and fasting and Zakat on the Day Of Judgment; but he comes having abused this one; falsely accusing that one; wrongfully consuming the wealth of this one; spilling the blood of that one; and beating this one. SO he is seated; and this one is requited from his rewards. If his rewards are exhausted before the sins that he committed are requited; then some of their sins will be taken and cast upon him; then he will be cast into the Fire.	The Chapter on Forgiveness And Reward in HodHood Indexing, The Book of Chapters on the description of the Day of Judgement AlRiqaq and AlWara in Sunan AlTermithi

In Sunan AlNasai

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In Sunan Abu Dawoud

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In Muwata Malik

Hadith Page	Arabic Text	English Translation	Book and Chapter
MuwataMalik-017-001-34949		Yahya said that he heard Malik say; What is done in our community about a man who refers a creditor to another man for the debt he owes him is that if the one referred to goes bankrupt or dies; and does not leave enough to pay the debt; then the creditor has nothing against the one who referred him and the debt does not return to the first party. Malik said; This is the way of doing things about which there is no dispute in our community. Malik said; If a man has his debt to somebody taken on for him by another man and then the man who took it on dies or goes bankrupt; then whatever was taken on by him returns to the first debtor.	The Chapter on Debt And Creditors And Paying Zakat in HodHood Indexing, The Book of The Description of the Prophet may Allah Bless Him and Grant Him Peace in Muwata Malik
MuwataMalik-017-001-35121		Malik related to me from Yahya Ibn Said from Abu Bakr Ibn Muhammad Ibn Amr Ibn Hazm from Umar Ibn Abdal-Aziz from Abu Bakr Ibn Abdulrahman Ibn AlHarith Ibn Hisham from Abu Huraira that the Messenger of Allah; may Allah bless him and grant him peace; said; If anyone goes bankrupt; and a man finds his own property intact with him; he is more entitled to it than anyone else. Malik spoke about a man who sold a man wares; and the buyer went bankrupt. He said; The seller takes whatever of his goods he finds. If the buyer has sold some of them and distributed them; the seller of the wares is more entitled to them than the creditors. What the buyer has distributed does not prevent the seller from taking whatever of it he finds. It is the seller right if he has received any of the price from the buyer and he wants to return it to take what he finds of his wares; and in what he does not find; he is like the creditors. Malik spoke about some one who bought spun wool or a plot of land; and then did some work on it; like building a house on the plot of land or weaving the spun wool into cloth. Then he went bankrupt after he had bought it; and the original owner of the plot said; I will take the plot and whatever structure is on it. Malik said; That structure is not his. However; the plot and what is in it that the buyer has improved is appraised. Then one sees what the price of the plot is and how much of that value is the price of the structure. They are partners in that. The owner of the plot has as much as his portion; and the creditors have the amount of the portion of the structure. Malik said; The explanation of that is that the value of it all is fifteen hundred dirhams. The value of the plot is five hundred dirhams; and the value of the building is one thousand dirhams. The owner of the plot has a third; and the creditors have two-thirds. Malik said; It is like that with spinning and other things of the same nature in these circumstances and the buyer has a debt which he cannot pay. This is the behaviour in such cases. Malik said; As for goods which have been sold and which the buyer does not improve; but those goods sell well and have gone up in price; so their owner wants them and the creditors also want to seize them; then the creditors choose between giving the owner of the goods the price for which he sold them and not giving him any loss and surrendering his goods to him. If the price of the goods has gone down; the one who sold them has a choice. If he likes; he can take his goods and he has no claim to any of his debtor property; and that is his right. If he likes; he can be one of the creditors and take a portion of his due and not take his goods. That is up to him. Malik said about someone who bought a slave-girl or animal and she gave birth in his possession and the buyer went bankrupt; The slave-girl or the animal and the offspring belong to the seller unless the creditors desire it. In that case they give him his complete due and they take it.	The Chapter on Financial Transaction And Lands in HodHood Indexing, The Book of Blood Money in Muwata Malik