Is it considered usury if the lender receives a mobile phone worth 3200 Saudi Riyals instead of the 3000 Riyals agreed upon in the loan contract, the principal of which was originally an advance of 2500 Riyals, knowing that the lender did not stipulate the increase at the beginning, and the borrower was the one who determined the increase and documented the contract, then after learning about usury, refrained from taking the cash increase and accepted the mobile phone with the borrower's consent?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
You have done well in refusing the forbidden usurious increase. Usury is forbidden to take, whether by stipulation or by initiative. It is permissible to repay a loan with a mobile phone or other item instead of cash if it is with the lender's consent and without a condition from the borrower. There is no harm in the value of the mobile phone exceeding the loan amount, as long as it was not stipulated at the time of lending.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/150527
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 150527
- Added here
- . This is when the answer was added to El Fatwa, not the fatwa's date.
- Text
- Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
- Read the full ruling
- Read the full answer on Ftawy