Are the service fees imposed on microloans permissible or forbidden?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
It is of no importance to label usurious interests as service fees; for usury is usury, no matter how its names may differ. If there are banks that lend without interest and charge fees for services, then there is no harm in that, as long as the fees do not exceed the actual value of the services.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/40856
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 40856
- 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