Is the PayPal working capital scheme shariah compliant ?

Fatawa Question

Please could you have a look at the new scheme from PayPal called ‘PayPal working capital’ and let me know if it’s permissible, i have had a few people ask me and after looking at it, the scheme looks promising, but my limited knowledge cannot determine if it is indeed Sharia compliant ?

Fatwa

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Publisher

al-Qalam Shariah Scholar Panel

Publication Date

2016-07-27

Country of Publication

United Kingdom

Main Subjects

Financial and Accounting Sciences
Islamic Studies

Topics

No. of Pages

1

Data Type

Fatawa

Language

English

Record ID

BIM-726140

American Psychological Association (APA)

al-Qalam Shariah Scholar Panel (Manchester, England). 2016-07-27. Is the PayPal working capital scheme shariah compliant ?. . Manchester England : al-Qalam Shariah Scholar Panel.
https://search.emarefa.net/detail/BIM-726140

Modern Language Association (MLA)

al-Qalam Shariah Scholar Panel (Manchester, England). Is the PayPal working capital scheme shariah compliant ?. Manchester England : al-Qalam Shariah Scholar Panel. 2016-07-27.
https://search.emarefa.net/detail/BIM-726140

American Medical Association (AMA)

al-Qalam Shariah Scholar Panel (Manchester, England). 2016-07-27. Is the PayPal working capital scheme shariah compliant ?. Manchester England : al-Qalam Shariah Scholar Panel.
https://search.emarefa.net/detail/BIM-726140