What is the ruling on depositing funds in a bank for someone to establish a company in exchange for a sum of money, given that the law requires the presence of these funds and they are unavailable to him?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
Issuing this certificate is not permissible due to its inclusion of several prohibitions:
1. Lying: Lying is a blameworthy trait that leads to wickedness.
2. Giving false testimony: This is one of the gravest major sins.
3. Unlawfully consuming wealth: The 5,0 taken in exchange for the certificate is unlawful.
4. Usury (Riba): The 5,0 in exchange for lending 300,0 is considered usury; every loan that draws a benefit is usury.
Summarized from the full answer at Ftawy · imported
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- Original fatwa ID
- 75226
- Imported
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