September 28, 2023
3 mins
Are These Holiday Vouchers a Form of Riba?
Answered by Shaykh Irshaad Sedick Question Is it permissible to utilize holiday vouchers under the following circumstances: an upfront defined amount is deducted monthly for five to ten months? After this period, the managing entity disburses the accumulated sum and an additional bonus. For instance, if €400 is withdrawn over five months, amounting to €80 per […]