Is it permissible to resubscribe to the financial association after all participants have benefited from it in the same year?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
It is permissible to repeat the financial association (jam'iyyah) in a year once or more, based on the statement of Sheikh Ibn Baz concerning its permissibility. He held that it is a loan that does not stipulate any additional benefit. The Council of the Senior Scholars has affirmed this permissibility due to the benefit it entails for everyone without harm.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/105032
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 105032
- 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.
- Read the full ruling
- Read the full answer on Ftawy