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﴿ فَاسْأَلُوا أَهْلَ الذِّكْرِ إِن كُنتُمْ لَا تَعْلَمُونَ ﴾

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The Difference Between a Loan and a Borrowing

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Question:
He says: Honorable Shaykh, may Allah grant you success, what is the difference between a loan and a borrowing? And does the borrower receive the reward mentioned in the hadith?

Answer:
Borrowing is not the same as a loan. In borrowing, the borrower does not own the item; he benefits from it and returns the same item. In a loan, he owns it once he takes possession of it and returns its equivalent. This is the difference between them.
Source الفوزان -أشرطة- شرح زاد المستقنع مع الأسئلة - 053-السلم والرهن والقرض - 9-8-23 هـ — archive.org (1:23:52)

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

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