Question
An employer charges his workers a service fee when giving them loans. Is this fee permissible?
Answer
The 'service fee' which the employer charges for giving loans to his staff is haraam riba. It is interest which is haraam. The employer is a blood-sucker who thrives on haraam exploitation.
- Source
- themajlis.co.za
- Published in
- The Majlis Vol 23 No 11
- PDF page
- 3
Appears under Questions and Answers (approximate).