I have 1 shop in Delhi which I want to give on security of 10 lacs to a person who wants to do his business from there without giving rent. When he will vacate my shop I will give back his security amount. I just want to confirm is this right or wrong to give shop or house on security. Please answer me as soon as possible.
بسم الله الرحمن الرحيم
(Fatwa: 1121/1204/L=11/1437)
It is wrong to rent shop with security. You should not take the security money rather take the normal rent. Likewise, it is not lawful for one who took a shop with security to keep it without any amount of rent; it is getting benefit by giving debt which is unlawful.
Allah knows Best!
Darul Ifta,
Darul Uloom Deoband