What is the ruling on placing a box to collect money in, where if one of them needs it, he takes from this box?
Machine translationRead the Arabic original
Question:
He says: Honorable Shaykh, may Allah grant you success. Some people place a box in which each of them puts an amount of money, each one equally. And if one of them needs an amount from it, he takes from this box what suffices him, and so on. What is the ruling in that?
Answer:
Does he take it as a loan or does he take it for free? This is cooperative; this is a cooperative box. If they are collecting donations in it, collecting donations, and whoever needs it, he is paid from this box what removes his need, then this is cooperation, so it is a good thing. Yes.
He says: Honorable Shaykh, may Allah grant you success. Some people place a box in which each of them puts an amount of money, each one equally. And if one of them needs an amount from it, he takes from this box what suffices him, and so on. What is the ruling in that?
Answer:
Does he take it as a loan or does he take it for free? This is cooperative; this is a cooperative box. If they are collecting donations in it, collecting donations, and whoever needs it, he is paid from this box what removes his need, then this is cooperation, so it is a good thing. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، [2925- 4717] ما حكم وضع صندوق يجمع فيه المال وإذا احتاج أحدهم أخذ من هذا الصندوق؟ - صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.