The ruling on selling one's name to someone who applied to the real estate bank but whose name has not yet been called
Machine translationRead the Arabic original
Question : This falls under the same category. People frequently apply to the real estate bank for loans, and they may wait a year or two before their turn comes. Then a person comes to them, reassures them, and says, "Come, give me your name for one hundred thousand riyals." The applicant says, "There is no harm in it," and his name has already been called.
Answer : In this case, we say the same as we said regarding land. If a person is in no need of building, or has already built and finished and does not want the loan, it is obligatory for him to relinquish his right to whom? To the government, because he does not know the situation of the people. However, we are certain that people are in a queue, and some of them remain for years without their turn coming. Therefore, it appears that he has no right to relinquish his right, whether for compensation or without compensation. But we say: if you are in need, you are the one in need, your name has been called, and you have become entitled to the position. If you are not in need, leave it alone. If he says, "I will relinquish it for compensation or without compensation, and I will not apply again. That is it, your name proceeds," we say there is no harm in that. However, there is one remaining matter: notifying the government of this request. If they permit it, there is no harm; and if they do not permit it, there is no harm.
Answer : In this case, we say the same as we said regarding land. If a person is in no need of building, or has already built and finished and does not want the loan, it is obligatory for him to relinquish his right to whom? To the government, because he does not know the situation of the people. However, we are certain that people are in a queue, and some of them remain for years without their turn coming. Therefore, it appears that he has no right to relinquish his right, whether for compensation or without compensation. But we say: if you are in need, you are the one in need, your name has been called, and you have become entitled to the position. If you are not in need, leave it alone. If he says, "I will relinquish it for compensation or without compensation, and I will not apply again. That is it, your name proceeds," we say there is no harm in that. However, there is one remaining matter: notifying the government of this request. If they permit it, there is no harm; and if they do not permit it, there is no harm.
Source
قناة «فضيلة الشيخ محمد بن صالح العثيمين»، [5570] حكم بيع الاسم لمن تقدم للبنك العقاري ولم ينزل اسمه بعد - تعليقات على الكافي لابن عثيمين — youtube.com
The Arabic text is a machine transcription of the audio recording.
