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In case I buy any electronic stuff under EMI scheme which is asking to pay some processing / … actual price of that thing.. is that halaal?

Answered as per Hanafi Fiqh by Darulifta Deoband Waqf
In case I buy any electronic stuff under EMI scheme which is asking to pay some processing / paperwork charges and while repayment asking only actual price of that thing.. is that halaal?

Answer:

Ref. No. 40/800

In the name of Allah the most Gracious the most Merciful

The answer to your question is as follows:

If it is true that you are not paying any interest then it is allowable.

And Allah knows best

Darul Ifta

Darul Uloom Waqf Deoband

This answer was collected from the official website of Darul Uloom Deoband Waqf. The institution is based in India and the answers are provided in accordance to the Hanafi Fiqh.

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