Question
Muslim motor vehicle dealers not only openly promote and advertise for kuffaar banks and their riba based transactions but also share in the haraam spoils (RIBA) of the Haraam transactions in the form of commissions (staggering figures), which they nonchalantly receive from the riba institutions for signing up clients for these Riba institutions. Is this permissible?
Answer
Obviously it is not permissible to promote riba transactions. The ‗commission' paid for signing up clients is not permissible. It is not permissible for a Muslim dealer to be a party to a riba transaction. The customer should make his own arrangement with the bank.
bently used for the Madrasah.
- Source
- themajlis.co.za
- Published in
- The Majlis Vol 26 No 12
- PDF page
- 6
Verbatim verified against the source PDF
Appears under ‘DIGITAL PICTURES. This heading is the nearest headline at or before the page and is approximate. Do not cite it alone.