Thread: Do cash-back contracts involve unlawful interest?
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Ferrari1981
Prince Farooq AlAmin
 
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Default Re: Do cash-back contracts involve unlawful interest? - 09-11-2006
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Originally Posted by Mazed View Post


LOL briefly!!

so is it halal or haram accordin to the fatwa?




Apparently its haraam under the islamic financial system (which mind you is very complicated)!

Suggestion is if you have contracts like this then finish them and then never take them out again!
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