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The question

Is it permissible for the lender to divide the profits of the new loan, which she will take to meet her needs, among the three debtors who were unable to repay their original debt, after they agree to pay these profits?

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

It is obligatory to grant a respite to a debtor in hardship, as Allah Almighty says: "And if there is one in hardship, then grant him a respite till ease." However, granting him a respite in exchange for an additional payment is the forbidden usury of the Jahiliyyah (pre-Islamic era), which Allah has threatened its practitioners with war and annihilation, as stated in Al-Muwatta from Zayd ibn Aslam, and in the resolution of the Islamic Fiqh Academy.

Summarized from the full answer at Ftawy · imported

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Source platform
Ftawy
Original fatwa ID
192136
Imported
Translation status
Source text, unreviewed
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