Is renting gold haraam or halaal?
In Islamic law, the permissibility of renting gold involves specific conditions and interpretations. It is generally understood that renting land or property using gold or silver as a form of payment is permissible.
Sunan Abu Dawud narrates that The Messenger of God forbade charging rent on land. I was asked if this included gold and silver, so I said that gold and silver rent is permissible.
Sunan Abu Dawud 23:68. This indicates that while there are restrictions on certain forms of rental, using gold or silver for rent is allowed under specific circumstances.
Additionally, Sahih Muslim states that during the Prophet’s time, people would lease land for produce, and this led to complications; thus, fixed rentals for gold or silver are considered acceptable. As stated, It is permissible.
Sahih Muslim 21:151.
These sources reflect a consensus that renting land or property in exchange for gold or silver is not inherently haram (forbidden), provided that the rental agreement is clear and fair to all parties involved.
Sources
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Sunan Abu Dawud 23:68
Sunan Abu Dawud · Book 23, Hadith 68 · Narrated by Rafi' ibn Khadij
The Messenger of God forbade charging rent on land. I was asked if this included gold and silver, so I said that gold and silver rent is permissible.
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Sahih Muslim 21:151
Sahih Muslim · Book 21, Hadith 151 · Narrated by Rafi' ibn Khadij
I was asked about renting land for gold or silver, and I said: It is permissible. During the Prophet’s time, people used to rent in kind—such as shares of produce—and some would benefit while others would lose. This made renting undesirable. But renting for a specified known amount is permissible.
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