What is better: tawarruq or asking people for a benevolent loan?
Machine translationRead the Arabic original
The questioner:
One of the students of knowledge told me that it is better for me to do tawarruq, rather than exposing myself to people by asking for a benevolent loan. Is this a correct statement?
The Shaykh:
He told me. Some of the students of knowledge told me that it is better for me to do tawarruq. Tawarruq, yes.
The questioner:
It is better than exposing myself to people to ask for a benevolent loan. Is this correct?
The Shaykh:
Both are permissible. Asking for a loan is not disputed. As for asking for tawarruq, there is disagreement among the scholars. The majority, or a group of the meticulous scholars, such as Shaykh al-Islam Ibn Taymiyyah, hold that it is not permissible, because tawarruq is a stratagem to reach riba (usury or interest). So asking for a loan is better, in my opinion. Yes.
One of the students of knowledge told me that it is better for me to do tawarruq, rather than exposing myself to people by asking for a benevolent loan. Is this a correct statement?
The Shaykh:
He told me. Some of the students of knowledge told me that it is better for me to do tawarruq. Tawarruq, yes.
The questioner:
It is better than exposing myself to people to ask for a benevolent loan. Is this correct?
The Shaykh:
Both are permissible. Asking for a loan is not disputed. As for asking for tawarruq, there is disagreement among the scholars. The majority, or a group of the meticulous scholars, such as Shaykh al-Islam Ibn Taymiyyah, hold that it is not permissible, because tawarruq is a stratagem to reach riba (usury or interest). So asking for a loan is better, in my opinion. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، [3436/751] ما الأفضل: التورق أم سؤال الناس القرض الحسن؟ - الشيخ صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.