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Question ID: 25187
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Assalaam U Alaikum Mufti Elias

if i loan money to someone, and make specific agreement with him, if he returns the money and adds to it on his own accord is this viewed as interest ? or if he buys me a gift or an item as a token of gratitude will this be viewed as interest ?

no specific agreement in place, it is based on his own free will.

Please advise.

Jazakallah

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Asked on April 23, 2009 12:00 am
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If on own free will- no problem.
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Answered on April 23, 2009 12:00 am