The Majlis Archive
Finance - Banking - Business The Majlis Vol 28 No 02, p.5

I have a question about something you answered about riba.

Question

I have a question about something you answered about riba. The question was: "An airline company had a sale of tickets for R11. I purchased one. Can I sell them for R500." You answered: "No. This is a Riba." it is riba? I have completed 7 years of aalim class and graduated last year. I've never heard of this type of maslah being riba.

Answer

You not having heard of this mas'alah in seven years does not mean that the answer is incorrect. Despite having studied 7 years, there are thousands of masaa-il which you have not heard and of which you are unaware. The excess, that is the amount more than R11, is riba. The excess has no tangible commodity to offset it, hence the element of riba.

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The Majlis Vol 28 No 02
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5

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Appears under “SPIRITUAL” DACOITS. This heading is the nearest headline at or before the page and is approximate. Do not cite it alone.

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