Accept unlawful wealth for debt

CategoriesTrade, Business & All Things Money [467]

Accept unlawful wealth for debt

In the name of Allah, the most Beneficent, the most Merciful.

Answer

There are differences of opinion with regards to the aforementioned scenario however the preferred opinion is that the aforementioned question can be analysed in two ways:

  1. If the unlawful wealth is from such a source where it was taken without the original owners consent, for example stolen wealth, then it will not be permissible for you to take the money for your debt.
  2. If the unlawful wealth is from such a source where the original owner may have consented but it was not gained according to the rules of the Shariah, for example interest, gambling, etc. it will be permissible for you to accept the unlawful wealth for your debt.   (Jadeed Muamalaat p.187 v.1)

Only Allah Knows Best

Mohammed Tosir Miah

Darul Ifta Birmingham

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