What is the ruling of the Shari'ah regarding a Muslim man who guarantees or participates in commercial licenses issued by the state municipalities for a Muslim or non-Muslim from outside this country, without the guarantor or participant committing to the lawful or unlawful in their commercial transactions?
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The questioner : He saysThe questioner : In a long question: What is the ruling of the Shari'ah regarding a Muslim man who guarantees or participates in commercial licenses issued by the state municipalities for a Muslim or non-Muslim from outside this country, without the guarantor or participant committing to the lawful or unlawful in their commercial transactions, on the grounds that I am only the guarantor and have no concern with their commercial transactions?
The Shaykh : What we see—and Allah knows best—is that if this guarantee is merely a formal guarantee not accompanied by practical assistance to the guaranteed party, then this falls under the category of consuming the wealth of people unjustly, which is prohibited in the Noble Qur'an. Yes.
The Shaykh : What we see—and Allah knows best—is that if this guarantee is merely a formal guarantee not accompanied by practical assistance to the guaranteed party, then this falls under the category of consuming the wealth of people unjustly, which is prohibited in the Noble Qur'an. Yes.
Source
www.al-albany.com
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