The ruling on a guarantor taking a fee for the guarantee
Machine translationRead the Arabic original
Question:
This is Muhammad from Yemen. He says: What is the Shari'ah's view on a guarantor who takes a sum of money from the one being guaranteed, called a guarantee or a surety? What do you advise? May Allah bless you.
Answer:
This is permissible for him; because the guarantee is a contract of kindness and benevolence, so it is not permissible for him to take any money from the one being guaranteed. Yes.
This is Muhammad from Yemen. He says: What is the Shari'ah's view on a guarantor who takes a sum of money from the one being guaranteed, called a guarantee or a surety? What do you advise? May Allah bless you.
Answer:
This is permissible for him; because the guarantee is a contract of kindness and benevolence, so it is not permissible for him to take any money from the one being guaranteed. Yes.
Source
نور على الدرب - الفوزان - 02/259 — archive.org (15:07)
The Arabic text is a machine transcription of the audio recording.