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Receiving a fixed profit from one’s mobile account

Answered as per Hanafi Fiqh by Muftionline.co.za

Q: I have a mobile account and I subscribe to the benefits package that if I have more money in my account I will get 10% profit, please guide me is this valid or not?

Bismillaah

A: Stipulating a profit generally comes under the ambit of interest.

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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