The Ruling on Participating in a Committee (Money Pool)

Authored by: Saudi Fatwa Committee

Topic: Permissibility of Joining a Committee

There is no harm in participating in a committee (money pool). It is considered a type of loan where no individual is required to pay or receive any additional benefit as a condition. This matter was discussed in the council of senior scholars, where the majority concluded that such committees are permissible because they benefit everyone involved and do not result in any harm. And Allah knows best.

Reference:

[Ibn Baz: Majmoo' al-Fatawa wa al-Maqalat: 19/308]
 
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