FatwaJohorTransactions & Finance
MOHON FATWA BERHUBUNG DASAR PINJAMAN KEPADA GOLONGAN YANG MEMERLUKAN MELALUI KONSEP AL QARDU AL HASSAN
Is it permissible to provide a loan scheme for people in need under the Al Qardu Al Hassan concept, funded from baitulmal allocations?
Short answer
The Johor State Fatwa Committee decided that a loan scheme for people in need under the Al Qardu Al Hassan concept is permissible according to Islamic law.
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 decided that a loan scheme for people in need under the Al Qardu Al Hassan concept is permissible according to Islamic law. The loans are to be funded 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 Qardu Al Hassan daripada peruntukan baitulmal adalah harus menurut hukum syarak
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 FATWA BERHUBUNG DASAR PINJAMAN KEPADA GOLONGAN YANG MEMERLUKAN MELALUI KONSEP AL QARDU AL HASSAN”, 20 October 2011. https://said.johor.gov.my/perkhidmatan/paparan_detail_fatwa.php?id=383. Found via Rujuk Fatwa: https://rujukfatwa.com/en/fatwa/ruling-al-qardu-al-hassan-baitulmal-loan-scheme/