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﴿ فَاسْأَلُوا أَهْلَ الذِّكْرِ إِن كُنتُمْ لَا تَعْلَمُونَ ﴾

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A family collects cash amounts and endows them for the needy

Machine translationRead the Arabic original
Question:
It is said: Some families in our country collect cash amounts from family members and endow them for the family, giving them to the needy, and then the recipient repays them. What is the ruling on this practice?

Answer:
This is a matter of a loan. It is like a cooperative that lends to the needy, and the needy repay the loan to the cooperative, which then lends to others. This is a good thing. They donate, and this is voluntary; whoever wishes to donate does so. If these funds are grown through lawful means and the needy are lent from them, then this is a good deed.
Source قناة «العلامة الدكتور صالح الفوزان»، 141/101 شرح زاد المستقنع/ صالح الفوزان — youtube.com (1:13:41)

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

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