Can i rent out my shop for an ATM?

CategoriesTrade, Business & All Things Money [646]

Fatwa ID: 02849

Answered by:  Mufti Mohammed Tosir Miah​

Question:

Assalamu Alaikum Wa Rahmatullah

I have a vacant shop in my house in India in a crowded public place. The Bank wants to open an ATM counter there.

Let me know, can we give our shop on rent for opening bank ATM?

Thanks and regards.

 


بِسْمِ اللهِ الرَّحْمنِ الرَّحِيْم

  In the name of Allah the Most Gracious, the Most Merciful.

 

Yes, it will be permissible. The bank is charging a fee for using the machine. It will be allowed for you to have an ATM in your shop.

 

Only Allah Knows Best

Answered by Mufti Mohammed Tosir Miah

Darul Ifta Birmingham

 

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