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FatwaJohorTransactions & Finance

MOHON PANDANGAN BERHUBUNG DASAR PINJAMAN KEPADA GOLONGAN YANG MEMERLUKAN KONSEP PINJAMAN QARDUL HASAN

Is a loan scheme for people in need based on the qard hasan concept, funded by Baitulmal, permissible in Islamic law?

Short answer

The Johor State Fatwa Committee ruled that a loan scheme for people in need under the qard hasan concept is permissible according to Islamic law.

JohorFatwa committee decision

A reference, not a fatwa. First sentence of the summary below — read the original fatwa and consult your state authority before acting.

Authority
Johor State Mufti Department
Date
Status
Fatwa committee decision
Series
Fatwa Negeri Johor
Topic
Transactions & Finance

No evidence of gazettement in the source — this is not a gazetted fatwa.

Summary

The Johor State Fatwa Committee ruled that a loan scheme for people in need under the qard hasan concept is permissible according to Islamic law. The funds for the loans come from Baitulmal allocations. The decision was made on 20 October 2011 and has not been gazetted.

Written in our own words from the original fatwa — check the source before acting on it.

Skim pinjaman kepada golongan yang memerlukan melalui konsep Al Qhardul Hasan daripada peruntukan Baitulmal adalah harus menurut hukum syarak.

Excerpt from the original fatwa · Johor

Read the full fatwa on the Johor website (new tab)

How to cite

Cite the original fatwa and its authority. Rujuk Fatwa is only where you found it.

Johor State Mufti Department. “MOHON PANDANGAN BERHUBUNG DASAR PINJAMAN KEPADA GOLONGAN YANG MEMERLUKAN KONSEP PINJAMAN QARDUL HASAN”, 20 October 2011. https://said.johor.gov.my/perkhidmatan/paparan_detail_fatwa.php?id=662. Found via Rujuk Fatwa: https://rujukfatwa.com/en/fatwa/qard-hasan-loan-scheme-baitulmal-ruling/