February 23, 2025
5 mins
Does Late Payment Fees Render a Contract Impermissible?
Answered by Shaykh Muhammad Carr Question I run a fragrance business, Alhamdulillah, and I am considering listing my products on a price-comparison website that charges on a per-click basis. However, their agreement includes late payment fees, which I understand are impermissible (Riba) in Islam. I have read that such contracts may sometimes be tolerated for […]