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﴿ فَاسْأَلُوا أَهْلَ الذِّكْرِ إِن كُنتُمْ لَا تَعْلَمُونَ ﴾

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What is the ruling on what is called women's associations, where they collect money monthly and pay it to one of them in turn?

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Question:
Honorable Shaykh, may Allah grant you success. The questioner asks: What is the ruling on what is called women's associations? A group of women agrees to pay a certain amount every month, then one of them takes it in the first month, and the other

Answer:
As for men, if it is permitted for men, it is permitted for women, and if it is not permitted for men, it is not permitted for women. I hold that this is not permissible, because it is a loan that brings benefit; he lends to his companions and colleagues so that they will lend to him when his turn comes. It is a conditional loan, so it is not permissible. Yes. However, some scholars, or many of the Senior Scholars Committee, issued a decision permitting it by majority, and I do not hold that view. Yes.
Source قناة «العلامة الدكتور صالح الفوزان»، [421 -582] ما حكم ما يسمى بجمعيات النساء حيث يجمعن المال شهريا وتدفع لإحداهن على الترتيب؟ — youtube.com

The Arabic text is a machine transcription of the audio recording.

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