Is the transaction that enables a customer to borrow three pounds from Vodafone in exchange for deducting two and a half pounds, and then three pounds are deducted from him upon recharging, considered usury?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
If the company lends to the client and collects the loan with an increase, this is usury (riba) and is impermissible, unless the increase is in exchange for effort or work expended by the company. However, if the company provides communication services at a higher price for deferred payment, there is no harm in this, as it is selling the utility of communication at a deferred price that is higher than its cash price.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
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- Ftawy
- Original fatwa ID
- 89333
- 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