Receiving discount if instalments are paid prior to the due date
Question
I'm buying a flat in installments. The company is giving discount if I pay the installments prior to the due date. Is it interest? Is it halal?
Answer
It is incorrect.
And Allah Ta'ala (الله تعالى) knows best.
- Answered by
- Mufti Ebrahim Salejee (Isipingo Beach)
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