Hi, how can we help?
Shop with Shopee
Deals & Rewards
Payments
Orders & Shipping
Returns & Refunds
General
ShopeeFood & ShopeePartners
[SPayLater] Is SPayLater Shariah Compliant?
Yes, SPayLater (inclusive of BNPL and installments payment options) is certified as Shariah Compliant by Amanie Advisors (“Amanie”), a global Shariah advisory firm and a registered Shariah advisory company with the Malaysian Securities Commission (SC).
SPayLater is consistent with the Shariah permissibility on Bay’ Bithaman Ajil (deferred payment sale), where the parties in a sale transaction agree to make the payment in a deferred basis.
Processing Fees | It is used to cover costs and work associated with operating SPayLater, and is in line with the Shariah concept of Ujrah |
Late Charge | It is used to cover the costs incurred due to user’s default in payment Any collections that are in excess of the actual cost are considered as Gharamah (penalty) and will be channeled to a charitable body approved by our Shariah Advisor |
