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The question

What are the Sharia-compliant regulations that govern the monetary estimation for compensating a damaged or lost borrowed item, and what is the considered value for determining this compensation?

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Source: FtawySummary from Ftawy's records · added here Sep 2, 20261 min readAlso available in العربية
The answer

Warranty, in the case of a loan (ʿāriyah) and similar situations, is fulfilled by providing a like-for-like replacement for fungible items, and by paying the value for non-fungible items. A loaned item is guaranteed, whether there was negligence or not, and its value is guaranteed as of the day it perishes. If the device or book is something for which a like replacement cannot be found, then its value is guaranteed as of the day it perishes, and experts should be consulted to determine its value.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
115295
Added here
. This is when the answer was added to El Fatwa, not the fatwa's date.
Text
Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
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Read the full answer on Ftawy