Paying money in exchange for a fixed monthly amount
Machine translationRead the Arabic original
Question:
I say, Honorable Shaykh, may Allah preserve you: A man said to his companion, “Give me one hundred thousand riyals, and I will give you one thousand riyals every month, and whenever you want your money, take it.” Is this permissible? Abu Bakr
Answer:
This is not permissible under any condition. This is a lease; it means you are leasing the money for one thousand riyals every month, or every [period]. It is not permissible, and it is not a profit-sharing partnership. It is a lease, and it is not permissible.
The presenter:
Yes.
I say, Honorable Shaykh, may Allah preserve you: A man said to his companion, “Give me one hundred thousand riyals, and I will give you one thousand riyals every month, and whenever you want your money, take it.” Is this permissible? Abu Bakr
Answer:
This is not permissible under any condition. This is a lease; it means you are leasing the money for one thousand riyals every month, or every [period]. It is not permissible, and it is not a profit-sharing partnership. It is a lease, and it is not permissible.
The presenter:
Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، 141/87 شرح زاد المستقنع/ صالح الفوزان — youtube.com (55:34)
The Arabic text is a machine transcription of the audio recording.