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The question

What is the ruling of Islamic law on signing a written pledge to place all assets at the disposal of a national tourism association, in exchange for a travel agency specializing in Hajj and Umrah obtaining a financial guarantee from it to settle debts in the event of complete bankruptcy?

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

There is no harm in obtaining a letter of guarantee from the National Tourism Association, in exchange for pledging your properties to the association in case it intervenes to pay off your debts. Similarly, there is no harm in obtaining a free letter of guarantee.

Summarized from the full answer at Ftawy · imported

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Source platform
Ftawy
Original fatwa ID
19360
Imported
Translation status
Source text, unreviewed
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