Is PayLater Shariah compliant?

Yes. PayLater is certified Shari’ah-compliant by Bait Al-Mashura Finance Consultations Company, a licensed Shari’ah advisory firm based in Doha, Qatar.

Certificate No. 1917, issued 5 January 2025, signed by Dr. Osama Qais Al-Dereai.

Compliance is built into the model

• No riba (interest). You pay only the price of what you buy, split into four instalments. 0% interest, and no profit is ever charged on the credit.
• Independently certified. Our Buy Now Pay Later structure, conditions and activities are certified Shari’ah-compliant by Bait Al-Mashura.
• Overseen by scholars. A Fatwa and Shari’ah Supervisory Board reviews our structure, and any change to the product is presented to them before it goes live.

Why the late payment fee is also Shari’ah-compliant

The late payment fee is the only fee PayLater charges, and it applies only when an instalment is not paid on time.

• It is not interest. It is never a charge on the credit and never a percentage that grows over time.
• It is a flat QAR 50. One fixed amount, the same for every shopper.
• PayLater keeps none of it. The full amount is donated to charity, approved by our Shari’ah Committee.
• It exists only to encourage payments on time.

Our Shari’ah Committee has issued a dedicated ruling covering late payment costs, so both the structure and the fee are certified compliant.

See the certificates for yourself

You do not have to take our word for it. The original Shari’ah certificate and the approved late-payment ruling are published in full on our website, and you can open each one at full size: [ Link ]