Is it permissible to rent out ATM machines in a shop

Fatwa ID: 03231

Answered by: Maulana Muhammad Adnan​

 

Question

Assalamualaikum

I have some big problems with my father if its halal or haram about renting some space to ATM "machines". If it's possible could you please clarify better why the income is permissible?

 

بِسْمِ اللهِ الرَّحْمنِ الرَّحِيْم

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

Answer:

 

ATM is not usury generating. They merely supply money to those who require it and they sometimes take a nominal fee for supplying the service. Neither renting out an allotted space for an ATM machine or charging for the service of supplying cash on demand like a cash point does is impermissible.

 

Only Allah Knows Best

Written by Maulana Muhammad Adnan

Checked and approved by Mufti Mohammed Tosir Miah

Darul Ifta Birmingham

Comments are closed.