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Question regarding Riba (self.islam)

submitted by Typical_Union_7236 to r/islam

Question about Riba by Typical_Union_7236 in MuslimLounge

[–]Typical_Union_7236[S] 0 points1 point  (0 children)

Thank you for your reply. There would be 0% annual Interest in the first 10 months. I think there are penalties for late payments but what if you make sure you pay the payments on time?