Are the Cashbacks offered from Lloyds Everyday Offers halal?
In the Name of Allah, the Most Gracious, the Most Merciful.
As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.
After reading relevant paperwork, contracts, terms and conditions and speaking to Lloyds directly, we are of the opinion that it is permissible to benefit from the Everyday Offers cashback scheme.
This transaction is a unilateral incentive offered by Lloyds and is free from the prohibition of interest.
And Allah Ta’ālā Alone Knows Best
Mufti Faraz Adam
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This answer was collected from DarulFiqh.com, which is operated under the supervision of Mufti Faraz ibn Adam al-Mahmudi, the student of world renowned Mufti Ebrahim Desai (Hafizahullah).