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What is the ruling on depositing funds in a bank for someone to establish a company in exchange for a sum of money, given that the law requires the presence of these funds and they are unavailable to him?

1 min readAlso available in العربية

Issuing this certificate is not permissible due to its inclusion of several prohibitions:

1. Lying: Lying is a blameworthy trait that leads to wickedness.

2. Giving false testimony: This is one of the gravest major sins.

3. Unlawfully consuming wealth: The 5,0 taken in exchange for the certificate is unlawful.

4. Usury (Riba): The 5,0 in exchange for lending 300,0 is considered usury; every loan that draws a benefit is usury.

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

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