Some friends decide to go out for dinner. It was agreed that one of them will pay and then they will distribute the bill equally. It was also decided that if per person cost is less greater than or equal to 0.5 then it will be rounded off to next digit otherwise it will be rounded to previous digit.
A 4 person dinner comes to 146 which divided by 4 becomes 36.50 per head. So now three of the friends pay 37 to the person who paid the bill. Is it interest?
I was wondering about this too. Paying in a round figure isn’t automatically considered interest (riba). What matters is whether the extra amount is agreed as a charge on top of the original debt. Just giving a round number for convenience is usually fine. For more guidance, you can check here:
This cannot be undone and I am sure it will be greatly appreciated.
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