Friday, April 20, 2018 10:46:56 PM
Mortgage / Pawning

Compensation for Safeguarding Articles in Pawn A pawnbroker cannot get a fee for safeguarding/storage of the articles in pawn. Moreover, it is a trick for getting ribā which is ḥarām.

To Mortgage Other's Property
A debtor may mortgage some property, which does not belong to him, to a third party provided that the owner has authorized him to do so.

Deposit in Rent
It is not permissible to rent a house by only paying some deposit [i.e. without paying any rent]. However, there is no objection to renting a house and stipulating in the rent deed that the tenant pays a certain amount of money as deposit.

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