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The question

Is the 20% fine imposed on those who are late in paying their tuition fees for the Holy Quran memorization school after the specified date 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

If the fee is determined as a debt owed by the student, then increasing it by imposing a late payment penalty is considered usurious interest (riba) and is forbidden. This has been affirmed by Islamic jurisprudence academies. The way out of this is to set two fees for subscription: the first, lower, for those who pay early, and the second, higher, for those who delay, provided that both fees are known and specified for a known period. This is permissible.

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
192875
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