business trade Fatwa Cover

Adding to the association's subscription delay fee 8135771427

Monthly Al Kawtharbusiness trade


Question

We have formed an association. All the members collect the monthly dues of the association on the due date. For this, I have made a rule that if you do not collect the dues within the stipulated date, you will have to pay the delay fee or fine. Now the question is, is our method legal or not? Can this money be spent for the welfare of all the members of the association? I will benefit if you let me know. 2865758275


Answer

- حامداومصلياومسلما، بسم الله الرحمن الرحيم -

It is not valid to accept extra money as delay fee due to non-collection of monthly / annual subscription of the association on the due date. That money cannot be spent on the work of the association; Instead, if you have taken money from someone in this way, it must be returned. It is to be noted that in order for all the members to collect the monthly dues of the association in time, it may be stipulated that if the dues are not collected within the stipulated date of each month, the membership will be canceled. (In that case the member has to repay his capital with profit.) Or the rule can be made that if any contribution is collected late, he will be deprived of that amount of profit during the delay period. 4123591148

- والله اعلم باالصواب -

* This Fatwa was translated by Google Translate.
To see the original click here

Source

  • শরহু মাআনিল আছার, Part: 2, Page: 82
  • নুখাবুল আফকার, Part: 8, Page: 57
  • ইলাউস সুনান, Part: 11, Page: 688
  • ফাতহুল কাদীর, Part: 5, Page: 112
  • রদ্দুল মুহতার, Part: 4, Page: 61