Answered by Shaykh Abdullah Anik Misra
How can one repent if you bought a phone through a loan and they deducted some interest termed “coupon rate.”
In the Name of Allah, Most Merciful and Compassionate
Repenting from sin is very easy in Islam. Our Lord, Allah the Most Merciful, is the Oft-Forgiving and Loving. If you were involved in a transaction where perhaps some interest was involved, or you did any other sin, ask Allah for forgiveness with genuine regret (such as saying, “astaghfirullah”). Then, resolve to avoid getting into it again in the future to the best of your ability.
Allah Most High says, “O My servants who have committed excesses against their souls: do not despair of the mercy of Allah. Certainly, Allah forgives sins – all of them. He is the Oft-Forgiving and Compassionate.” [Quran, 39:53]
Once you have done this, move on and do not dwell on the matter any longer nor pay attention to any negative thoughts. Alhumdulillah, we have a Merciful Lord.
[Shaykh] Abdullah Anik Misra
Checked and Approved by Shaykh Abdul-Rahim Reasat
Shaykh Abdullah Misra was born in Toronto, Canada, in 1983. His family hails from India, and he was raised in the Hindu tradition. He embraced Islam in 2001 while at the University of Toronto, from where he completed a Bachelor of Business Administration. He then traveled overseas in 2005 to study the Arabic language and Islamic sciences in Tarim, Yemen, for some time, as well as Darul Uloom in Trinidad, West Indies. He spent 12 years in Amman, Jordan, where he focused on Islamic Law, Theology, Hadith Sciences, Prophetic Biography, and Islamic Spirituality while also working at the Qasid Arabic Institute as Director of Programs. He holds a BA in Islamic Studies (Alimiyya, Darul Uloom) and authorization in the six authentic books of Hadith and is currently pursuing specialized training in issuing Islamic legal verdicts (ifta’). He holds a certificate in Counselling and often works with new Muslims and those struggling with religious OCD. He is an instructor and researcher in Sacred Law and Theology with the SeekersGuidance The Global Islamic Seminary. Currently, He resides in the Greater Toronto Area with his wife and children. His personal interests include Indian history, comparative religion, English singing, and poetry.