The ruling on lending a mother’s money to a relative for an increased amount
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Question:
A questioner says: My mother has a sum of money that is sitting idle, and she does nothing with it. One of her relatives asked to borrow this money as a loan instead of letting it sit without benefit, and he will pay it back to my mother with an increased amount. Is that permissible?
Answer:
If it is a loan, this is not permissible; it is riba (usury or interest). If it is a mudarabah (profit-sharing partnership), there is no harm. You give him the money and say, “Buy and sell with it, and the profit will be shared between us by half, or by a third, or by a quarter.” There is no harm in that; this is a mudarabah. Yes.
The presenter:
May Allah reward you, Honorable Shaykh,
A questioner says: My mother has a sum of money that is sitting idle, and she does nothing with it. One of her relatives asked to borrow this money as a loan instead of letting it sit without benefit, and he will pay it back to my mother with an increased amount. Is that permissible?
Answer:
If it is a loan, this is not permissible; it is riba (usury or interest). If it is a mudarabah (profit-sharing partnership), there is no harm. You give him the money and say, “Buy and sell with it, and the profit will be shared between us by half, or by a third, or by a quarter.” There is no harm in that; this is a mudarabah. Yes.
The presenter:
May Allah reward you, Honorable Shaykh,
Source
قناة «العلامة الدكتور صالح الفوزان»، 50 من 86 /شرح كتاب إغاثة اللهفان في مصائد الشيطان/إيقاد السرج/صالح الفوزان/العقيدة/كبار العلماء — youtube.com (1:08:23)
The Arabic text is a machine transcription of the audio recording.