Kiya bank ka processing fee sood he?

Q: Bank mjhe interest free loan ki offer deraha hai jo k mandatory within 1 year return karna hai. its confirmed k koi interest nahi hai but wo one time processing fee lenge 2 % of the amount at the time of first payment only. kia ye 2 % processing fee so'od (riba) hai ?

A: Ye sood he.

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

 

Answered by:

Mufti Zakaria Makada

Checked & Approved:

Mufti Ebrahim Salejee (Isipingo Beach)