The Difference Between Kafalah and Daman in Sales Companies?
Machine translationRead the Arabic original
Question:
It is well known in these times, and in the case of sales companies, that kafalah is the guarantee of money. Is it permissible for someone to use ambiguity in this matter and say, "I signed as a guarantor, not a surety"?
Answer:
What clarifies this issue is: if the assumption of responsibility is for the money, then it is a guarantee (daman). But if the assumption of responsibility is by the person and bringing him in, then it is a surety (kafalah). The actual reality is what determines it. Yes.
It is well known in these times, and in the case of sales companies, that kafalah is the guarantee of money. Is it permissible for someone to use ambiguity in this matter and say, "I signed as a guarantor, not a surety"?
Answer:
What clarifies this issue is: if the assumption of responsibility is for the money, then it is a guarantee (daman). But if the assumption of responsibility is by the person and bringing him in, then it is a surety (kafalah). The actual reality is what determines it. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، [1301 -2802] الفرق بين الكفالة والضمان عند شركات البيع؟ — youtube.com
The Arabic text is a machine transcription of the audio recording.