The Ruling on Dealing with the Masakin Company
Machine translationRead the Arabic original
Question:
Please, my brother, Hala from Riyadh is with us on the line. Peace be upon you. And upon you be peace. Hello, peace be upon you. And upon you be peace. Badr, your face is speaking to the Shaykh, if you please. Please, go ahead. I have two questions. The first question is that there is a company called Masakin. They mean houses. They said, “We will take five percent of the ratio, and we will take ten percent of the amount that the Salam requires. Is it permissible for them to take the interest in advance, or is it not permissible?” That is the first question. Okay, let the Shaykh answer for a moment. The Shaykh will answer. Please, Shaykh.
Answer:
By Allah, my brother, I do not know this company. We must look into its system to see if it is valid or not. We cannot issue a ruling on it while we do not know its system. Yes.
Please, my brother, Hala from Riyadh is with us on the line. Peace be upon you. And upon you be peace. Hello, peace be upon you. And upon you be peace. Badr, your face is speaking to the Shaykh, if you please. Please, go ahead. I have two questions. The first question is that there is a company called Masakin. They mean houses. They said, “We will take five percent of the ratio, and we will take ten percent of the amount that the Salam requires. Is it permissible for them to take the interest in advance, or is it not permissible?” That is the first question. Okay, let the Shaykh answer for a moment. The Shaykh will answer. Please, Shaykh.
Answer:
By Allah, my brother, I do not know this company. We must look into its system to see if it is valid or not. We cannot issue a ruling on it while we do not know its system. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، 1505 - حكم التعامل مع شركة مساكن - الشيخ صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.