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The question

Is it permissible to take a sum of money from someone in exchange for giving them 20% of it and repaying it later with checks, due to a need for the money for life's obligations?

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

If the question implies that you would pay a percentage of the loan to someone who facilitates the loan for you, this is a ju'alah (commission/reward) for a permissible act. The majority of scholars stipulate that the ju'al (reward) must be known. However, some scholars have permitted it if the uncertainty does not prevent delivery, such as someone saying: "Whoever demolishes a fortress shall have one-third of what is inside it." But if the loan is from the borrower himself, then he is not entitled to anything, because taking interest in that case would be usury (riba), not a commission (ju'alah).

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
116010
Imported
Translation status
Source text, unreviewed
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