Mufti Online — Madrasah Ta'leemuddeen

Receiving a fixed profit from one's mobile account

· 5 Jumada II 1440 AH1 min readEnglish
Business and DealingsInterest and GamblingBank benefits and Credit card reward programmes

Question

I have a mobile account and I subscribe to the benefits package that if I have more money in my account I will get 10% profit, please guide me is this valid or not?

Answer

Stipulating a profit generally comes under the ambit of interest.

And Allah Ta'ala (الله تعالى) knows best.

Answered by
Mufti Ebrahim Salejee (Isipingo Beach)
View original Compare with other Darul Iftas
Ask Mufti Online

Fatawa SA is an independent, read-only index of fatawa already published by Mufti Online — Madrasah Ta'leemuddeen. It is not a fatwa service. For your own situation, ask the issuing Darul Ifta directly.

Related fatawa