Is it permissible to take a fee or a percentage of money in exchange for guaranteeing a person with a foreign bank for importing goods into a country that is not secure, given the risk of financial loss for the guarantor?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
It is impermissible for someone who opens a line of credit in their name to take a fee from the beneficiary, because they are a guarantor, and a guarantor is not allowed to take a fee for their guarantee, as this is considered a loan that draws a benefit. If the guarantor repays the debt, they are then owed the equivalent of what they repaid by the debtor, and they are like a lender who is not permitted to take compensation or benefit. The prohibition becomes more severe if the terms of the bank's credit are usurious, and the guarantee is not permissible even if no benefit accrues to the guarantor.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/111355
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 111355
- 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.
- Read the full ruling
- Read the full answer on Ftawy