Ruling on taking fees in exchange for a guarantee
Machine translationRead the Arabic original
The questioner : And Allah, I have a question, Shaykh. I have a friend who is a traveler.
The Shaykh : Good.
The questioner : He wants to borrow a sum of money from Al-Rajhi Bank, so they asked him for a guarantee, and this guarantee is through another company. This company asked him to send the documents of this establishment. On the basis that they will conduct a comprehensive study and issue a guarantee for the amount he wants to borrow, and this amount does not contain any interest. So they asked him for fees of one hundred and seventy thousand riyals.
The Shaykh : Fees.
The questioner : The fees of this company are that they provide a guarantee and conduct studies. Where do the fees for this company go? How, O people?
The Shaykh : Yes, yes.
The questioner : So, for example, is there anything wrong with this amount that the company takes?
The Shaykh : Yes, there is something wrong with it, it is not permissible.
The questioner : Is this not for Al-Rajhi Bank?
The Shaykh : I know, this company wants to guarantee for Al-Rajhi.
The questioner : This one also conducts a study on this project.
The Shaykh : Yes, but it is formatted based on the salary if this salary is not paid. So it guarantees for Al-Rajhi if this man does not pay.
The questioner : Yes, indeed.
The Shaykh : If it is not permissible.
The questioner : It is not permissible for him to take this.
The Shaykh : It is not permissible, may Allah bless you, because a guarantee, may Allah bless you, a guarantee is an act of kindness. If the guarantor guarantees for nothing, there is no harm, otherwise it is not permissible.
The questioner : Peace be upon you. Yes, we have another call. Good evening, Shaykh.
The Shaykh : May Allah welcome you.
The Shaykh : Good.
The questioner : He wants to borrow a sum of money from Al-Rajhi Bank, so they asked him for a guarantee, and this guarantee is through another company. This company asked him to send the documents of this establishment. On the basis that they will conduct a comprehensive study and issue a guarantee for the amount he wants to borrow, and this amount does not contain any interest. So they asked him for fees of one hundred and seventy thousand riyals.
The Shaykh : Fees.
The questioner : The fees of this company are that they provide a guarantee and conduct studies. Where do the fees for this company go? How, O people?
The Shaykh : Yes, yes.
The questioner : So, for example, is there anything wrong with this amount that the company takes?
The Shaykh : Yes, there is something wrong with it, it is not permissible.
The questioner : Is this not for Al-Rajhi Bank?
The Shaykh : I know, this company wants to guarantee for Al-Rajhi.
The questioner : This one also conducts a study on this project.
The Shaykh : Yes, but it is formatted based on the salary if this salary is not paid. So it guarantees for Al-Rajhi if this man does not pay.
The questioner : Yes, indeed.
The Shaykh : If it is not permissible.
The questioner : It is not permissible for him to take this.
The Shaykh : It is not permissible, may Allah bless you, because a guarantee, may Allah bless you, a guarantee is an act of kindness. If the guarantor guarantees for nothing, there is no harm, otherwise it is not permissible.
The questioner : Peace be upon you. Yes, we have another call. Good evening, Shaykh.
The Shaykh : May Allah welcome you.
Source
قناة «فضيلة الشيخ محمد بن صالح العثيمين»، 1896- هل يجوز اخذ مبلغ من المال مقابل الضمان لمن اراد ان يقترض من البنك — youtube.com (0:09)
The Arabic text is a machine transcription of the audio recording.