Mufti Online — Madrasah Ta'leemuddeen

Paying back more than the loaned amount

· 10 Jumada II 1438 AH1 min readEnglish

Question

Say, suppose, I had borrowed some money from a certain person (not specific) about few years back. When I return the money to him, do I return the exact amount or should I include some extra amount accounting for the inflation that would have occurred during the years. Would including the extra amount mean I am giving interest and would it be a haram?

Answer

You will return the exact amount.

And Allah Ta'ala (الله تعالى) knows best.

Answered by
Mufti Ebrahim Salejee (Isipingo Beach)
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Source: Mufti Online — Madrasah Ta'leemuddeen — https://muftionline.co.za/node/19108
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