Developing Waqf Funds through Buying, Selling, and Deferred Debts
Machine translationRead the Arabic original
Question:
I have a question, may Allah preserve you. Please go ahead. My question, may Allah prolong your life, is that I have charitable works for my late mother. I buy and sell in them so that they do not disappear, and I take on a debt of five thousand one hundred cartons for one lunar year, and a debt of ten thousand one hundred cartons for that lunar year. There are people, may Allah guide us and them, who say this is riba. What is your opinion, Honorable Shaykh, may Allah preserve you? The answer. Thank you, yes. With me.
Answer:
First, my brother, the fact that you are developing this money so that it increases and its reward remains for the bequeather or the endower is a good thing. This is part of reform, provided that this action preserves and grows the money. Yes. As for the second matter, which is the debts you take on, whether in soap or otherwise, this is lawful. Allah, Glorified and Exalted is He, says:[Al-Baqarah 2:275]. Selling can be immediate or deferred [Al-Baqarah 2:282]. Deferral is permissible. The Prophet (peace and blessings be upon him) borrowed with deferral; he would take a camel for two camels for the zakat camels, deferred.
The presenter:
May Allah reward you.
I have a question, may Allah preserve you. Please go ahead. My question, may Allah prolong your life, is that I have charitable works for my late mother. I buy and sell in them so that they do not disappear, and I take on a debt of five thousand one hundred cartons for one lunar year, and a debt of ten thousand one hundred cartons for that lunar year. There are people, may Allah guide us and them, who say this is riba. What is your opinion, Honorable Shaykh, may Allah preserve you? The answer. Thank you, yes. With me.
Answer:
First, my brother, the fact that you are developing this money so that it increases and its reward remains for the bequeather or the endower is a good thing. This is part of reform, provided that this action preserves and grows the money. Yes. As for the second matter, which is the debts you take on, whether in soap or otherwise, this is lawful. Allah, Glorified and Exalted is He, says:
But Allah has permitted trade and has forbidden interest
وَأَحَلَّ اللَّهُ الْبَيْعَ وَحَرَّمَ الرِّبَاwhen you contract a debt for a specified term, write it down
إِذَا تَدَايَنتُم بِدَيْنٍ إِلَىٰ أَجَلٍ مُّسَمًّى فَاكْتُبُوهُThe presenter:
May Allah reward you.
Source
قناة «العلامة الدكتور صالح الفوزان»، برنامج (فتاوى) (088) لمعالي الشيخ صالح الفوزان بتاريخ [1436-04-29] - كبار العلماء — youtube.com (23:35)
The Arabic text is a machine transcription of the audio recording.