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The question

Is money obtained from financing furniture through Islamic Murabaha, then received in cash instead of furniture to pay off debts, considered illicit money?

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

This transaction requires knowledge of the details of its execution to rule on it. However, if the questioner is cooperating with the furniture company through prior collusion to take the price of the furniture, not the furniture itself, then this makes the transaction akin to obtaining an interest-based loan. This is further confirmed if the price the bank will pay to the company is greater than the price the company will pay to the questioner.

The known method for obtaining money is through Tawarruq, not Murabaha sale.

The questioner should seek Allah's forgiveness frequently and resolve not to return to such transactions until their ruling becomes clear to him.

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
186216
Imported
Translation status
Source text, unreviewed
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