The Majlis Archive

Finance - Banking - Business The Majlis Vol 27 No 02, p.10

Customers sometimes request a refund of the deposit they had paid for a laybyed item.

Question

Customers sometimes request a refund of the deposit they had paid for a laybyed item. I do refund the deposit. Is it permissible to charge a 10% handling fee?

Answer

The handling fee is riba. It is not permissible.

View on themajlis.co.za
Published in
The Majlis Vol 27 No 02
PDF page
10

Appears under “| HAD BECOME A MURTAD” (approximate).

Was this page helpful?