Has dealing with the company become unlawful after its system changed to 3% of the value of purchases instead of a fixed annual issuance fee?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
A loan is permissible if it is repaid without a stipulated increase, and paying for actual service expenses is permissible. However, if a loan is repaid with a stipulated increase, whether small or large, it is an interest-bearing loan (riba) and is not permissible to undertake. If the company loans you money on the condition of an additional percentage for the sake of borrowing, and not in exchange for administrative procedural costs, then it is not permissible for you to borrow from it, because borrowing with interest (riba) is a major prohibited sin.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/185372
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 185372
- 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