The Majlis Archive
Finance - Banking - Business The Majlis Vol 28 No 05, p.4

I am a building contractor.

Question

I am a building contractor. People come for quotations for their building projects. Is it permissible to charge for a quotation?

Answer

It is not permissible to charge for a quotation. A quotation is merely stating the price which is intrinsic to a sale transaction. Whether the quotation is written or verbal, it is essential to apprize the customer of the price, and a fee for informing him of the price is haraam. It is riba.

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The Majlis Vol 28 No 05
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Appears under LOOMING IMPOTENCY. This heading is the nearest headline at or before the page and is approximate. Do not cite it alone.

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