I am a dentist, and a patient left a gold ring as collateral for a treatment worth 1,0 SYP. However, she has not returned for six months, and the ring is now valued at 975 SYP. Is it permissible to sell or gift it, or what is the correct action according to Islamic law?

The mortgage is one of the legitimate contracts for documentation in transactions according to the Quran and Sunnah. When the debt is due, the mortgagor must settle it; if he refrains or is absent, the ruler sells the mortgage. If the sale price exceeds the debt, the surplus belongs to the mortgagor; if it falls short, he must make up the difference. It is not permissible to sell or acquire the mortgage without presenting the issue to the Sharia courts and acting according to their directives.