Transactions & Dealings >> Other Transactions
Question ID: 36539Country: India
Answer ID: 36539Posted on: Sep 1, 2020
Bismillah hir-Rahman nir-Rahim !
(Fatwa: 428/428/M=1433) If due to pagdi system the standard rent was decreased then this dealing is not free from the doubt of interest. One should avoid such dealings. If due to deposit amount there was no concession in the rent of house but the rent was equal to rent that usually is charged in that area, then this dealing is right.
Allah (Subhana Wa Ta'ala) knows Best
Darul Ifta,
Darul Uloom Deoband, India