Purchasing recharge cards on installment with an increase for delay
Machine translationRead the Arabic original
Question:
Honorable Shaykh, may Allah grant you success. The questioner says: What is the ruling on purchasing recharge cards, whether on deferred installments, knowing that the installment company increases the amount if it is not paid according to the agreed term?
Answer:
As for the increase in value due to delay, this is riba (usury or interest) and is not permissible. As for purchasing the card to benefit from it, there is benefit in it, and there is no harm in that, because it is considered wealth; it is counted among the assets from which one benefits. Yes.
Honorable Shaykh, may Allah grant you success. The questioner says: What is the ruling on purchasing recharge cards, whether on deferred installments, knowing that the installment company increases the amount if it is not paid according to the agreed term?
Answer:
As for the increase in value due to delay, this is riba (usury or interest) and is not permissible. As for purchasing the card to benefit from it, there is benefit in it, and there is no harm in that, because it is considered wealth; it is counted among the assets from which one benefits. Yes.
Source
المنتقى من أخبار سيد المرسلين 05-06-1435هـ — alfawzan.live (1:08:41)
The Arabic text is a machine transcription of the audio recording.