QUESTION: I work as a freelancer for a company whose HR and payroll are managed by a 3rd party company. This company allows me to receive part of my salary in advance before the actual payday, but they charge a small service fee for it. On payday, they deduct the advanced amount and pay the remaining balance. Is this permissible, or does it count as riba?
QUESTION: I work as a freelancer for a company whose HR and payroll are managed by a 3rd party company. This company allows me to receive part of my salary in advance before the actual payday, but they charge a small service fee for it. On payday, they deduct the advanced amount and pay the remaining balance. Is this permissible, or does it count as riba?
18Oct
ANSWER:
This is riba & not permissible.
QUESTION: I work as a freelancer for a company whose HR and payroll are managed by a 3rd party company. This company allows me to receive part of my salary in advance before the actual payday, but they charge a small service fee for it. On payday, they deduct the advanced amount and pay the remaining balance. Is this permissible, or does it count as riba?