Contemporary Primary Sources :: Fatwās - Contemporary :: 16 Muḥarram 1423 / 28 March 2002
Dewan Syari'ah Nasional MUI, Posted by Daniel Peterson, 09 February 2016
This fatwa permits gold to be used as collateral to secure a mortgage. The price of the gold and the storage fees associated are to be borne by the mortgagee (owner of the gold). The storage costs are to be agreed to pursuant to an ijarah agreement.
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