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﴿ فَاسْأَلُوا أَهْلَ الذِّكْرِ إِن كُنتُمْ لَا تَعْلَمُونَ ﴾

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Financial associations between individuals

Machine translationRead the Arabic original
Question:
The questioner asks: What is the ruling on associations between individuals, such as where each person contributes a specific amount, and the funds are taken in rotation, with each person receiving it for one month?

Answer:
I hold that this is not permissible because it is a form of lending, and it is a loan that yields benefit. This is because he did not lend to his colleagues except on the condition that they lend to him. Thus, it falls under the meaning of the prohibited two sales in one sale, and it falls under the loan that yields benefit.
Source أخصر المختصرات في الفقه الحنبلي [31] — alfawzan.live (1:29:07)

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

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