Buy Now, Pay Later · Money & Finance · Burhan

Questions

Is Buy Now Pay Later (BNPL) allowed in Islam? Buying something and paying for it later, even in instalments, is allowed in Islam, and the price may be agreed in advance. What makes a BNPL plan haram is interest, including late-payment charges that grow the debt. Scholars differ on plans that are interest-free but contain late fees in the terms; either way, avoid ever paying them.

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