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Should I Include Inflation When Returning Borrowed Money?

Answered as per Hanafi Fiqh by Muftionline.co.za

Q: Say, suppose, I had borrowed some money from a certain person (not specific) about few years back. When I return the money to him, do I return the exact amount or should I include some extra amount accounting for the inflation that would have occurred during the years. Would including the extra amount mean I am giving interest and would it be a haram?

Bismillaah

A: You will return the exact amount.

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

Answered by:

Mufti Ebrahim Salejee (Isipingo Beach)


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This answer was collected from MuftiOnline.co.za, where the questions have been answered by Mufti Zakaria Makada (Hafizahullah), who is currently a senior lecturer in the science of Hadith and Fiqh at Madrasah Ta’leemuddeen, Isipingo Beach, South Africa.

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