Ethica Institute of Islamic Finance™

No Early Payment Discounts

May the borrower receive an early payment discount on the loan?

It is impermissible for borrower and lender to agree a discount on the loan if the borrower repays before the due date.

7 Day Free Islamic Finance Course

Please enter your first name and email address to start receiving your CIFE™ lessons instantly!

We value your privacy. We will never rent, sell, or spam email addresses.

Each question is reviewed by an Islamic finance expert and approved by a scholar.

Browse one of the world's largest database of Islamic finance Q&As available online.

Press releases, live events, book recommendations, discount offers, and more