Tag Archives: Social Activity

Rulings for Fine that is given to the Social Activity

Social Activity

Rulings for Fine that is given to the Social Activity

Question:

I’d like to buy a car using the renting and buying contract or what we called, ‘ijarah al muntahi bit tamlik [musyarakah mutanaqishah]. There is a stipulation in the contract, saying that if I was late to pay the installment for 15 days, than I’ll be fined for 5000 riyal and the fine will be given to social interest. What is the ruling for this stipulation?

Answer:
Continue Reading

Copyright © 2017. Powered by WordPress & Romangie Theme.