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﴿ فَاسْأَلُوا أَهْلَ الذِّكْرِ إِن كُنتُمْ لَا تَعْلَمُونَ ﴾

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Taking a fee for guaranteeing and surety

Machine translationRead the Arabic original
Question:
The Shaykh, may Allah grant you success, says: Is it permissible to take a fee for a guarantee, and likewise, is it permissible to take a fee for surety?

Answer:
No. A guarantee is a contract of service, as I explained to you previously. It is a contract of service intended to assist the one in need, and no worldly compensation is taken for contracts of service. Rather, the one who performs them seeks the reward for good intercession. Intercession, lending, and guaranteeing are all contracts of service intended to seek the reward. It is not permissible for a person to take worldly compensation for them. Yes.
Source شرح بلوغ المرام من أدلة الأحكام [ صالح الفوزان ]، تتمة باب الصلح — islamhouse.com (1:03:02)

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

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