Q: 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.
A: It is interest (sood).
And Allah Ta’ala (الله تعالى) knows best.
يَا أَيُّهَا الَّذِينَ آمَنُوا لَا تَأْكُلُوا الرِّبَا أَضْعَافًا مُّضَاعَفَةً وَاتَّقُوا اللَّـهَ لَعَلَّكُمْ تُفْلِحُونَ ﴿آل عمران: ١٣٠﴾
Answered by:
Mufti Zakaria Makada
Checked & Approved:
Mufti Ebrahim Salejee (Isipingo Beach)