The Majlis Archive
Finance - Banking - Business The Majlis Vol 27 No 02, p.10

Customers sometimes request a refund of the deposit they had paid for a laybyed item.

Question

Customers sometimes request a refund of the deposit they had paid for a laybyed item. I do refund the deposit. Is it permissible to charge a 10% handling fee?

Answer

The handling fee is riba. It is not permissible.

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The Majlis Vol 27 No 02
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10

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Appears under “| HAD BECOME A MURTAD”. This heading is the nearest headline at or before the page and is approximate. Do not cite it alone.

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