The Majlis Archive

Finance - Banking - Business The Majlis Vol 23 No 07, p.4

If a tenant pays rent late, can a penalty be charged?

Question

If a tenant pays rent late, can a penalty be charged?

Answer

The fee on late payment is haraam riba. Such fees are not permissible.

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Published in
The Majlis Vol 23 No 07
PDF page
4

Appears under Questions and Answers (approximate).

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