The ruling on a family collecting cash amounts and endowing them to lend to those in need
Machine translationRead the Arabic original
The questioner:
He says: Honorable Shaykh, may Allah grant you success, some families in our country collect cash amounts from family members?
The Shaykh:
Like a group.
The questioner:
Some families in our country collect cash amounts from family members and endow them for the family, giving them to those in need, who then return them afterward. What is the ruling on this practice?
The Shaykh:
This is a matter of lending, meaning a society that lends to those in need, and the needy return the loan to the society so it can lend to other people. This is a good thing, and there is nothing wrong with it, provided they donate voluntarily and this is optional, so whoever wishes to donate does so, and these funds grow through lawful means and are lent to those in need. This is a good deed. Yes.
He says: Honorable Shaykh, may Allah grant you success, some families in our country collect cash amounts from family members?
The Shaykh:
Like a group.
The questioner:
Some families in our country collect cash amounts from family members and endow them for the family, giving them to those in need, who then return them afterward. What is the ruling on this practice?
The Shaykh:
This is a matter of lending, meaning a society that lends to those in need, and the needy return the loan to the society so it can lend to other people. This is a good thing, and there is nothing wrong with it, provided they donate voluntarily and this is optional, so whoever wishes to donate does so, and these funds grow through lawful means and are lent to those in need. This is a good deed. Yes.
Source
الفوزان -أشرطة- شرح زاد المستقنع مع الأسئلة - ٠٦٣-باب الوقف - الهبة - ٢٩-١-٢٤ هـ — archive.org (1:19:16)
The Arabic text is a machine transcription of the audio recording.