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Is it permissible to give gold as loan with a condition that the same amount of gold needs to be returned?

Answered as per Hanafi Fiqh by Darulifta-Deoband.com
If some one give gold to other as loan on the terms that when the other return he will return the same quantity of gold, Is this deal is permissibl?

Answer

(Fatwa: 840/840/M=1432)

The said condition is alright.

Allah (Subhana Wa Ta’ala) knows Best

Darul Ifta,
Darul Uloom Deoband

Original Source Link

This answer was collected from the official ifta website of Darul Uloom Deoband in India.

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