FatwaFederal TerritoriesTransactions & Finance
IRSYAD HUKUM SIRI KE-565: ADAKAH PAJAK GADAI AR RAHNU RIBA?
Does the Ar Rahnu pawnbroking scheme involve riba (usury)?
Short answer
Ar Rahnu is not related to riba, because it differs from conventional pawnbroking, which is based on loans that carry interest.
A reference, not a fatwa. First sentence of the summary below — read the original fatwa and consult your state authority before acting.
- Authority
- Federal Territories Mufti Office
- Date
- Status
- Opinion (irsyad)
- Series
- Irsyad al-Hukum (Umum)
- Topic
- Transactions & Finance
No evidence of gazettement in the source — this is not a gazetted fatwa.
Summary
Ar Rahnu is not related to riba, because it differs from conventional pawnbroking, which is based on loans that carry interest. Ar Rahnu involves Qard al-Hasan, al-rahn and al-wadiah yad al-Dhamanah, and the loan itself carries no charge. Any additional payment in Ar Rahnu is ujrah, which is a fee for management and safekeeping paid to the service provider.
Written in our own words from the original fatwa — check the source before acting on it.
Ar Rahnu tidak mempunyai kaitan dengan riba kerana ianya berbeza dengan sistem pajak gadai konvensional yang berteraskan pinjaman dan mengenakan faedah atas pinjaman yang diberikan
Read the full fatwa on the Federal Territories website (new tab)
How to cite
Cite the original fatwa and its authority. Rujuk Fatwa is only where you found it.
Federal Territories Mufti Office. “IRSYAD HUKUM SIRI KE-565: ADAKAH PAJAK GADAI AR RAHNU RIBA?”, 4 May 2021. https://muftiwp.gov.my/ms/artikel/irsyad-hukum/umum/4770-irsyad-al-fatwa-siri-ke-565-adakah-pajak-gadai-ar-rahnu-riba. Found via Rujuk Fatwa: https://rujukfatwa.com/en/fatwa/does-ar-rahnu-pawnbroking-involve-riba/