The Ruling on Discounting Bank Checks

The questioner: At two different prices due to cash and installment payments, so raising the cash price to the installment price, or issuing half of the crops they buy from him on installments, which ends up oppressing everyone. Thank you.

The Shaykh: For this reason, I wish you would stick to the original error.

The questioner: My teacher, in a note, if our teacher’s path, for example, is as I just spoke about, that it is a good legitimacy. He signs them, our teacher, on checks or without checks, because most people now do not accept anything but checks, so if the teacher takes them on checks, that is possible. Yes. Yes. He gets his money from the bank if.

The Shaykh: And it is possible for there to be a discount in it.

The questioner: Yes, of course, when he wants to give it to him from the bank, he wants to take the money. Is there a relation in it if we say we translate this picture how? For example, I bought from one person at a cash price and an installment price, and I made him a check, which is usually, when buying anything, meaning when he took it, he went to the bank and discounted it. Is there a relation in it? He went when he found with him ten checks, each check for a thousand, he sat down and became a flyer and discounted them and took. Is there anything on me?

The Shaykh: He knows that he will shorten.

The questioner: No, it is not necessary, his wife. Yes.

The Shaykh: Or you are expelled. By Allah, if it is more likely that he discounts. To compensate the bank, it is not that the purchase and dealing with him is good, it reflects what if it does not benefit and is not permissible,

The questioner: Sami.

The Shaykh: And it is necessary to direct the prince in the place, meaning.

The questioner: This means securing a right and organizing the right.

The Shaykh: This is correct, but now capital or as they say today, a balance in the bank,

The questioner: I give it, it is a paper that carries the office, you.

The Shaykh: A receipt, meaning.

The questioner: A year, yes, any job you want to buy a refrigerator, etc., dedicated, I make it for you, so even immediately month by month, and it becomes an official paper that this month we paid, month twelve we paid. The reason for replacing the checks. The security that I made, the text existing with me in the receipt, cannot be discounted in the banks at all, meaning it is rejected in the banks, it is known to be rejected in the banks. I mean, I often overcame to reach this text, if I changed it, the text of the check has more of it, if a receipt or I guarantee, these, our teacher, consider them a text and will discount them, even if in the same way. But the way I put, the receipt, I commit that the signer below. It is not possible for the kings to accept that he discounts it. A new innovation. Yes. My teacher, this is the reason, my teacher, I resorted to making this receipt because I, my teacher, use the signature.

The Shaykh: What do they notice, even they do not accept this type, they accept the other types?

The questioner: I did not research what they notice on it, but I asked some bank managers, meaning they are the ones who exerted effort and made this text from those I know, until I reached it. Or a written receipt to the owner. Yes, a security receipt, also written above.

The Shaykh: Or

The questioner: No, even. If it is a security receipt written, a receipt below, they wrote receipt, meaning for example, I commit, excuse me, I guarantee or so, it became my check, because before this time I made and made a text on it, then this also happens in the bank, until in the end I reached that I made this text, so I escaped from the check, because I am helping this merchant who takes the check and discounts it, so I, my teacher, in the market, I am, regarding my receipts, thank Allah, they spread completely. I became to pass over one hundred and sixty or more. But I became the exit from the first time I made them, and the amount is not small. Meaning I pass over twenty-five thousand dinars. The first time I traded in them. Now the merchants have become accustomed, meaning I was the first, from the beginning, I knew that there is much difficulty. Now the merchants have become accustomed that, for example, on a date, they are coming to Zarqa from Amman. They bring it to me. Please, the price is ready. Or I go to them, the price is ready. And it is known, it is not described except in the place, because more than once they answer for each other, and of course it is not a check and it is not a shaykh, they overcome without verifying the subject, they know that this shaykh is Abu Rina.

The Shaykh: Okay, my sir, I give them the news. Hmm.