Surety: Ruling on Writing a Check Without Funds as a Guarantee for Another

Practical Laws of Islam as per the teachings of Imam Khamenei

Surety: Ruling on Writing a Check Without Funds as a Guarantee for Another

English:

Question #1668:

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 #1668:

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.

-Imam Khamenei, Practical Laws of Islam, Importance and Conditions of Surety