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Loan service fees, late payment fees, collection fees : loan with processing fees
Fatawa Question
AA Dr. Monzer, I wanted to ask you about 0 % Apr credit card loans while they take 3 % processing fee for the loan. Is that allowed given that I plan to invest the money for a short period of time and pay it all back before the time comes when the interest fee starts kicking in. Your response is highly appreciated... Munir
Fatwa
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Publication Date
2009-09-28
Main Subjects
Financial and Accounting Sciences
Religion
Islamic Studies
Topics
No. of Pages
4
Data Type
Fatawa
Language
English
Record ID
BIM-729933
American Psychological Association (APA)
Qahf, Mundhir. 2009-09-28. Loan service fees, late payment fees, collection fees : loan with processing fees. .
https://search.emarefa.net/detail/BIM-729933
Modern Language Association (MLA)
Qahf, Mundhir. Loan service fees, late payment fees, collection fees : loan with processing fees. 2009-09-28.
https://search.emarefa.net/detail/BIM-729933
American Medical Association (AMA)
Qahf, Mundhir. 2009-09-28. Loan service fees, late payment fees, collection fees : loan with processing fees.
https://search.emarefa.net/detail/BIM-729933