What is the ruling on personal financing, and what are its types?
Machine translationRead the Arabic original
Question:
This questioner asks about the ruling on personal financing, and what is the criterion for dealing in money and other things?
Answer:
Financing is either by way of a lawful loan, a good loan, or by way of a salam contract, which is paying the price in advance and deferring the delivery of the item, or it is by way of trading with money and seeking a profit margin in it. Yes.
This questioner asks about the ruling on personal financing, and what is the criterion for dealing in money and other things?
Answer:
Financing is either by way of a lawful loan, a good loan, or by way of a salam contract, which is paying the price in advance and deferring the delivery of the item, or it is by way of trading with money and seeking a profit margin in it. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، 1584 - ما حكم التمويل الشخصي وما أنواعه؟ - الشيخ صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.