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The question

What is the ruling on a third party lending to the lender on condition that the insolvent borrower be granted a delay?

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Source: FtawySummary from Ftawy's records · added here Sep 2, 20261 min readAlso available in العربية
The answer

If the debtor is in straitened circumstances, the creditor must grant him a respite, for Allah the Almighty says: "And if there is one in adversity, then [let there be] a respite until [a time of] ease." There is no harm if a person lends money to the creditor and stipulates that the creditor grant the debtor in straitened circumstances a respite, because he has stipulated something that is a religious obligation upon him, and this is not among the prohibited benefits in a loan.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
177622
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.
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Read the full answer on Ftawy