FatwaFederal TerritoriesTransactions & Finance
AL-KAFI #483: DEFINISI HAMISYH AL-JIDDIYYAH
What is meant by Hamisyh al-Jiddiyah?
Short answer
Hamisyh al-Jiddiyah is a sum paid to the seller of an asset or to a bank to show genuine intent to buy, similar to a security deposit, booking fee or commitment fee.
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
- Al-Kafi li al-Fatawi
- Topic
- Transactions & Finance
No evidence of gazettement in the source — this is not a gazetted fatwa.
Summary
Hamisyh al-Jiddiyah is a sum paid to the seller of an asset or to a bank to show genuine intent to buy, similar to a security deposit, booking fee or commitment fee. It is paid before the sale contract is concluded, and if the contract goes ahead, the amount counts toward the asset's price. If the buyer withdraws, the seller may keep only the amount matching the actual loss incurred and must return the remainder. The fatwa concludes that it is a form of compensation which must match actual loss, not a rough estimate.
Written in our own words from the original fatwa — check the source before acting on it.
Hamisyh Jiddiyah adalah sejumlah wang yang dibayar kepada sama ada penjual aset bagi menunjukkan kesungguhan untuk membeli aset tersebut samada melalui bank atau terus darinya sendiri.
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. “AL-KAFI #483: DEFINISI HAMISYH AL-JIDDIYYAH”, 5 December 2016. https://muftiwp.gov.my/ms/artikel/al-kafi-li-al-fatawi/1391-al-kafi-li-al-fatawi-siri-ke-483-definisi-hamisyh-al-jiddiyyah. Found via Rujuk Fatwa: https://rujukfatwa.com/en/fatwa/meaning-of-hamisyh-al-jiddiyah/