Advance salary service from the bank

· 4 Dhuʻl-Hijjah 1434 AH1 min readEnglish
Business and DealingsInterest and GamblingInterest bearing loans & Transactions

Question

My bank name is Dubai Islamic Bank and they give advance salary and deduct 150 AED as services charges. They say it's not interest. Is it sood or not? I needed money and I want to confirm if it is sood. I didn't take it.

Answer

It is interest (sood).

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

References (Arabic / Urdu sources)

يَا أَيُّهَا الَّذِينَ آمَنُوا لَا تَأْكُلُوا الرِّبَا أَضْعَافًا مُّضَاعَفَةً وَاتَّقُوا اللَّـهَ لَعَلَّكُمْ تُفْلِحُونَ ﴿آل عمران: ١٣٠﴾

Answered by
Mufti Zakaria Makada
Checked & approved by
Mufti Ebrahim Salejee (Isipingo Beach)
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