Practical Laws: Surety

Q&AIs it permissible for a person, who has no funds in the bank, to write a check with a view to standing surety…

Is it permissible for a person, who has no funds in the bank, to write a check with a view to standing surety for someone else?

Answer

There is no objection to doing so. The validity of a surety deed and giving a check as a surety does not depend on having a positive bank balance at the time of standing surety and making out the check.

Source·Ayatollah Sayyid Ali Khamenei·leader.irleader.ir

Source:leader.ir · leader.ir

Q&AI lent someone a sum of money, which he did not pay back. A relative of his wrote me a post-dated check for…

I lent someone a sum of money, which he did not pay back. A relative of his wrote me a post-dated check for the amount of the debt provided that I allow him some time [to settle the debt]. Thus, he undertook to pay me back the debt if the original debtor defaulted. The debtor ran away without leaving a trace, so much so that I lost every contact with him. Is it shar‘ī that I get back the whole amount of debt from the surety?

Answer

If the person stood as surety in a shar‘ī way, should the debtor default, you are permitted, after the date of repayment has passed, to demand the repayment of the whole amount of the debt.

Source·Ayatollah Sayyid Ali Khamenei·leader.irleader.ir