Wednesday 15 Thu al-Hijjah 1441 - 5 August 2020

He deposited something in return for getting some money, but when he wanted to take it back, they asked for more


Publication : 26-06-2010

Views : 9319


If I go to a pawn shop and give them something of value to recieve money, and then I go back to get that something, if they charge me more to buy it back is that riba??.

Praise be to Allah.

Praise be to Allaah.


It is permissible for the borrower to give something that he owns and that has monetary value, as collateral, whether the value of that thing is less than the value of the loan, or the same, or greater, as a guarantee or surety for the debt that the borrower is committed to paying and so that the lender will be able to take his due if the borrower delays paying him back. 

Ibn al-Mundhir (may Allah have mercy on him) said: 

They [the scholars] are unanimously agreed that giving collateral when at home and when travelling is permissible.  

End quote, al-Ijmaa‘, 148 


It is not permissible for the lender to ask the borrower for more than what he gave him or to stipulate that as a condition. The scholars are unanimously agreed that every loan that brings a benefit is haraam riba; it is not permissible to enter into such an agreement. 

See also the answer to question no. 59867 

And Allah knows best.