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The question

Is the "Salefny (Lend me)... Shukran (Thanks)" service, offered by a mobile network in Egypt, which allows a user to borrow 3 Egyptian pounds in exchange for repaying 3.5 Egyptian pounds after recharging, considered usury (riba)?

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Source: FtawySummary from Ftawy's records · added here Sep 2, 20261 min readAlso available in العربية
The answer

It is permissible to subscribe to this service, as it is a sale of a usufruct (the connection) for a deferred price higher than the cash price, and not a usurious loan. The company sells the connection service at a higher price in exchange for deferred payment, and this is Islamically permissible based on the resolution of the Islamic Fiqh Academy allowing an increase in the deferred price over the immediate price. The problem arises from calling it a "prepayment" or a "loan," which is an incorrect designation.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
19081
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.
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Read the full answer on Ftawy