Charging a loan process amount

Answered according to Hanafi Fiqh by Muftionline.co.za

Q: When giving a loan without interest, we charge a loan process amount. Is this haraam or not?

Bismillaah

Ads by Muslim Ad Network

A: Obviously it is haraam.

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

 

Answered by:

Mufti Ebrahim Salejee (Isipingo Beach)

Sidebar