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The question

What is meant by verse (281) of Surah Al-Baqarah, does it include a goodly loan, and what are the conditions for writing a trust receipt?

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

The Verse of Debt aims to document transactions and debts in writing and with witnesses, and a good loan is included therein. Ibn Abbas mentioned that it was revealed specifically for salam transactions, and then encompassed all debts. Writing and witnessing are recommended. The receipt of trust should contain the names of the creditor and debtor and their signatures, specify the amount or item with its descriptions, mention the due date and place of payment, and include the presence of two or more witnesses with proof of their testimony.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Ftawy
Original fatwa ID
53683
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