Ujrah

A fee, wage, or commission charged for services rendered. Ujrah provides the Islamic legal basis for fee-based financial services that avoid interest. Instead of charging interest on a loan, an Islamic bank may charge a service fee (ujrah) for processing, administration, or advisory work.

The fee must be for a genuine service, clearly disclosed, and not disguised interest. Ujrah is commonly used in Wakalah contracts (where an agent charges a fee for managing investments) and in some Takaful models.