The Majlis Archive
Finance - Banking - Business The Majlis Vol 26 No 07, p.5

The government takes about 20% of the price we pay for petrol/diesel.

Question

The government takes about 20% of the price we pay for petrol/diesel. Will it be permissible to pay 20% of the petrol cost with interest?

Answer

Since the 20% tax is not paid directly to the government, but is included in the price of the petrol, it may not be paid with interest.

Download issue PDF EPUB
Published in
The Majlis Vol 26 No 07
PDF page
5

Verbatim verified against the source PDF

Appears under LONG TERM LOANS AND DEBT. This heading is the nearest headline at or before the page and is approximate. Do not cite it alone.

Was this page helpful?