Is it permissible to obtain a bank guarantee in order to rent accommodation, knowing that the tenant pays an annual amount to the bank for this guarantee?
The bank is not permitted to take a commission in exchange for guaranteeing housing rent, because a guarantee is a well-known act for which it is not permissible to take compensation. This falls under the ruling of performing a good deed, for which it is not permissible to take financial compensation.
Summarized from the full answer at Ftawy · reviewed Sep 2, 2026
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