What is the ruling on what is known as the employees' association?
Machine translationRead the Arabic original
Question:
He says: Honorable Shaykh, may Allah grant you success. I heard you last Sunday on the program *Nur 'ala al-Darb*, and you issued a ruling that what is known as the employees' association is not permissible. So what is the form of this association that Your Eminence forbids?
Answer:
The association, the collective form. The collective form, the employees' association: they collect amounts and one person takes them in turn, each person taking them in turn. This is a form of cooperation; some lend to others. This is what I do not permit, because it is a loan that brings benefit, a conditional loan, a sale within a sale, two sales in one sale; all of these converge upon it.
He says: Honorable Shaykh, may Allah grant you success. I heard you last Sunday on the program *Nur 'ala al-Darb*, and you issued a ruling that what is known as the employees' association is not permissible. So what is the form of this association that Your Eminence forbids?
Answer:
The association, the collective form. The collective form, the employees' association: they collect amounts and one person takes them in turn, each person taking them in turn. This is a form of cooperation; some lend to others. This is what I do not permit, because it is a loan that brings benefit, a conditional loan, a sale within a sale, two sales in one sale; all of these converge upon it.
Source
قناة «العلامة الدكتور صالح الفوزان»، ما حكم ما يُعرف بــجمعية الموظفين؟ للشيخ صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.