the club offers that if i surrender my membership then it will give me back 50% of one million. this will benefit club as it will get a new member in my place which will give one million

· 15 Dhuʻl-Qiʻdah 1426 AH1 min readFatwa 13833English
Finance and Commerce

Question

i am a member of a club. the club provides sports facilities such as bowling ally, tennis, health club, swimming pool etc. furthermore it also provides different type of eating facilities such as fast food restaurant and continental food restaurant etc. the facilities are provided under one roof. i had given Rs 25000 as subscription fee to become the member of this club. now for new members the subscription fees is Rs 1 million. the club offers that if i surrender my membership then it will give me back 50% of one million. this will benefit club as it will get a new member in my place which will give one million. this is on offer as the club cannot make further members according to law unless old members withdraw. i want to ask that if i withdraw i will get Rs 0.5 million. will this money be halal or haram and can i use this money as i have paid 25000 and now i am receiveing 0.5 million.

Answer

It is permissible for you to accept the Rs0.5 million. Rs250,000 will be your original contribution and the balance will be in lieu of you stepping down from your right.

and Allah Ta'ala Knows Best

Mufti Ebrahim Desai

Answered by
Mufti Ebrahim Desai
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