Transactions & Dealings >> Other Transactions
Question ID: 3886Country: India
Answer ID: 3886Posted on: Aug 29, 2020
Bismillah hir-Rahman nir-Rahim !
(Fatwa: 416/382=L)
You did not mention the detail how they take the charges and for what services. However, if the bank or funding body does not take interest in instalment, rather the bank charges some amount in return of their work and services then it will be allowed.
Allah (Subhana Wa Ta'ala) knows Best
Darul Ifta,
Darul Uloom Deoband, India