As a financial instrument, the concept of ujrah has been used by a number of banks for Sharī'ah-compliant credit card schemes.

Question

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Ujrah refers to a fee or commission for services, and in the context of Islamic finance, it is used by banks to structure Sharī'ah-compliant credit card schemes, where the fee represents payment for services rather than interest, which is prohibited.

As a Financial Instrument, the Concept of Ujrah Has Been