Shariah Compliance of ‘Its On Us’ Scheme at Lloyds Bank

Question:

Is it permissible to take part it in the Its On Us Scheme Offered By Lloyds Bank?

The Answer:

In the Name of Allah, the Most Gracious, the Most Merciful.

As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.

It is permissible to enter the It’s On Us free prize draw offered by Lloyds bank.

The Fiqh (jurisprudence of the answer):

This is not a form of gambling nor is this a form of ribā (interest).

And Allah Ta’ālā Alone Knows Best

Mufti Faraz Adam
Shariah Advisor
Amanah Finance Consultancy


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