Is it permissible to sign a contract with a telecommunications company that involves paying 10 euros monthly for a service, while receiving a gift of 250 euros upon signing the contract, or is this considered usury (riba)?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
The gift offered by telecommunications companies is not free; rather, it is compensation for a transaction or service, and the company ensures its recovery and benefits from the original transaction. If the gift is monetary, it is a loan that the company recovers from the customer. This is considered a loan that draws a benefit, which is forbidden usury (riba). Furthermore, this transaction combines a loan with leasing (ijara) or sale in a single deal, which is prohibited as it is "two sales in one sale."
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/76820
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 76820
- 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