Mufti OnlineMufti Online — Madrasah Ta'leemuddeen

Receiving a fixed profit from one's mobile account

English
Business and DealingsInterest and GamblingBank benefits and Credit card reward programmes

Question

I have a mobile account and I subscribe to the benefits package that if I have more money in my account I will get 10% profit, please guide me is this valid or not?

Answer

Stipulating a profit generally comes under the ambit of interest.

And Allah Ta'ala (الله تعالى) knows best.

Answered by
Mufti Ebrahim Salejee (Isipingo Beach)
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