Transactions & Dealings >> Business

Question # : 40639

India

I am borrowing Rs 100000 from a person to invest in a land and after selling it I will give Rs 5-6 thousand as profit to that person within a period of three months. Is it allowable?

Answer : 40639

Published on: Jul 28, 2012

بسم الله الرحمن الرحيم


(Fatwa: 1173/757/H=1433)

It is not allowed as it is interest which is haram.

Allah knows Best!


Darul Ifta,
Darul Uloom Deoband

Related Question