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﴿ فَاسْأَلُوا أَهْلَ الذِّكْرِ إِن كُنتُمْ لَا تَعْلَمُونَ ﴾

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Pledging Gold and Repayment from It

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Question:
He says: Honorable Shaykh, may Allah grant you success, is it permissible to pledge gold, and if repayment becomes difficult, is it repaid from the pledged gold?

Answer:
Yes, it is permissible to pledge gold. If repayment becomes difficult, the gold is sold and the debt is paid from its value, just like any other item sold. Yes.
Source الفوزان -أشرطة- شرح زاد المستقنع مع الأسئلة - 053-السلم والرهن والقرض - 9-8-23 هـ — archive.org (1:19:31)

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

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