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The question

Is there any Shar'i basis for placing a financial deposit to guarantee the right to a personal financial sponsorship (Kafalah)?

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Source: FtawySummary from Ftawy's records · added here Sep 2, 20261 min readAlso available in العربية
The answer

There is no disagreement among scholars regarding the permissibility of collateral (rahn), based on the Almighty's saying: "then collateral in hand." Collateral is the retention of an item against a right that can be fulfilled from it if the debtor is unable to repay. It is permissible to demand it from the debtor, the guarantor, or the surety.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
92765
Added here
. This is when the answer was added to El Fatwa, not the fatwa's date.
Text
Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
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Read the full answer on Ftawy