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Is exchanging an old phone for a newer, better one and paying the difference considered Riba (usury/interest)?

1 min readAlso available in العربية

Exchanging an old phone for a new one, with payment of the price difference, is not usury (riba) and there is no objection to it.

Summarized from the full answer at Ftawy · reviewed Sep 2, 2026

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