Back to search
The question

Is it permissible for a subcontractor to pay another subcontractor part of the value of work the latter has completed to expedite receiving his money, in exchange for the first subcontractor receiving the full value from the main company after a month and benefiting from the difference?

Share this answer

Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

The transaction mentioned, which is the contractor selling his debt to the company for accelerated cash payment, is a form of forbidden debt sale, because it leads to usury (riba). It is not permissible to sell a deferred debt to anyone other than the debtor for an accelerated or deferred cash payment, whether it be of the same type or a different type, because that involves selling a debt for a debt (بيع الكالئ بالكالئ), which is prohibited.

Summarized from the full answer at Ftawy · imported

Read the full answer on Ftawy
Source platform
Ftawy
Original fatwa ID
166409
Imported
Translation status
Source text, unreviewed
Read the full ruling
Read the full answer on Ftawy