The Majlis Archive

Finance - Banking - Business The Majlis Vol 26 No 03, p.4

Many people charge „key money‟ when hiring out their vacant shops.

Question

Many people charge 'key money' when hiring out their vacant shops. Is this permissible?

Answer

'Key' money or goodwill money is haraam. It is Riba.

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Published in
The Majlis Vol 26 No 03
PDF page
4

Appears under HARAAM CARRION SHENANIGANS (approximate).

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