Qard - Appendices

Transcription

1. Qard 16 of 17 APPENDICES Appendix 1 Legitimacy of qard contract 1 . The legitimacy of the qard contract is derived from the Quran and founded on the Sunnah of Prophet Muhammad (peace be upon him) and the consensus of Muslim jurists (ijma`). The Quran 2. The following verse of the Quran implies the general permissibility of the qard contract: ِ ِ ‫َّمن ذَا الَّ ِذي يـ ْق ِرض اللَّـه قَـرضا حسنًا فَـيض‬ ‫ط َوإِلَْي ِه‬ ُ ‫ض َويَـْب ُس‬ ْ ‫اع َفهُ لَهُ أ‬ َُ ََ ًْ َ ُ ُ ُ ِ‫ َواللَّـهُ يَـ ْقب‬.ً‫َض َعافًا َكث َرية‬ .‫تُـْر َجعُو َن‬ “Who is that will grant Allah a goodly (sincere) loan so that He will repay him many times over? And (remember) it is Allah who decreases and increases (sustenance) and to Him you shall return.”5 Sunnah of Prophet Muhammad (peace be upon him) 3. The following hadiths imply the permissibility of qard contract: ‫ ما من مسلم يقرض‬:‫ أن النيب صلى اهلل عليه وسلم قال‬،‫عن ابن مسعود رضي اهلل عنه‬ .‫مسلما قرضا مرتني إال كان كصدقتها مرة‬ )a( Ibn Mas`ud narrated that the Prophet (peace be upon him) said: “Every two loans extended by One Muslim to another count as one charitable payment.”6 ‫ من أخذ أموال الناس‬:‫ عن النيب صلى اهلل عليه وسلم قال‬،‫عن أيب هريرة رضي اهلل عنه‬ .‫ ومن أخذ يريد إتالفها أتلفه اهلل‬،‫يريد أداءها أدى اهلل عنه‬ Abu Hurairah narrated that the Prophet (peace be upon him) said: “Whoever takes people’s wealth with the intention of repaying it, Allah will repay it on his behalf; and whoever takes it in order to use it up, Allah will destroy him.”7 Consensus of the Muslim jurists (ijma`) 4. Muslim jurists have reached ijma` on the permissibility of the qard contract. 5 Surah al-Baqarah, verse 245. Ibn Majah, Sunan ibn Majah, hadith no. 2421. 7 Al-Bukhari, Sahih al-Bukhari, hadith no. 2212. 6 Issued on: 26 February 2018 )b(
2. Qard 17 of 17 Appendix 2 Glossary Terms Bai ` wa salaf Definition A combination of an exchange contract that is limited to a sale, lease and hire service contracts with a qard contract Hibah A transfer of ownership of an asset from a donor to a recipient without any consideration Ibra’ Rebate Ijma` Consensus of all Muslim jurists Kafalah A contract where the guarantor conjoins the guaranteed party in assuming the latter’s specified liability Muqassah Offsetting Rahn Pledge/charge Ujrah Fee Wakil Agent Wa`d mulzim A binding promise Issued on: 26 February 2018