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The question

Is the additional amount requested for subscribing to the elevator, after an initial refusal to subscribe, considered usury or a legitimate increase, given that the increase is due to rising prices?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

The additional amount is not usury (riba), because it is not a debt exchanged for a term. Rather, it is the purchase of a service or a share in the elevator, agreed upon by both parties. The increase results from rising prices, and the neighbors had previously stipulated that anyone who joins in the future would pay according to the value of the elevator at that time.

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
188403
Imported
Translation status
Source text, unreviewed
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