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The question

What is the ruling on a cooperative society with specific conditions related to the payment of contributions, account management, loan and repayment terms, expulsion, emergency advances, and the possibility of new members joining, and can some of these conditions be canceled to make the society permissible in Sharia?

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Source: FtawySummarized from the full answer at Ftawy · reviewed Sep 2, 20261 min readAlso available in العربية
The answer

It is permissible to participate in this association because it is based on cooperation and mutual support, and the administrative fees are overlooked. Sheikh Ibn Baz issued a fatwa permitting employee associations, and the Council of Senior Scholars, by majority, decided that it is permissible due to the common benefit it entails for everyone.

Summarized from the full answer at Ftawy · reviewed Sep 2, 2026

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