Paying money to another in exchange for a monthly amount while the principal remains
Machine translationRead the Arabic original
Question:
He says: Honorable Shaykh, may Allah grant you success. 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?
Answer:
No, it is invalid and not permissible under any condition. This is a lease, meaning you have leased the money for one thousand riyals every month, or every… It is not permissible, and it is not a profit-sharing partnership. It is a lease, so it is not permissible.
He says: Honorable Shaykh, may Allah grant you success. 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?
Answer:
No, it is invalid and not permissible under any condition. This is a lease, meaning you have leased the money for one thousand riyals every month, or every… It is not permissible, and it is not a profit-sharing partnership. It is a lease, so it is not permissible.
Source
شرح زاد المستقنع [55] — alfawzan.live (1:13:37)
The Arabic text is a machine transcription of the audio recording.