• Transactions & Dealings >> Interest & Insurance

    Question ID: 1678Country: India

    Title: My father has taken a lone from the bank for business. i am living my life from his money as i am too small to earn my livelihood. what shold i do to remain away from his bank money.should i leave his home or stay with him untill i grow up.

    Question: My father has taken a lone from the bank for business. i am living my life from his money as i am too small to earn my livelihood. what shold i do to remain away from his bank money.should i leave his home or stay with him untill i grow up.

    Answer ID: 1678

    Bismillah hir-Rahman nir-Rahim !

    (Fatwa: 540/536=M)

     

    If your father has taken the loan just for expanding his business without any urgent need, then he will bear the sin. But, if he has taken the loan due to exigent situation for financial needs then it is allowable and no one will be counted sinful. However, in any case you need not leave your house and stay away from your parents. Yes, you should inform your father that if he had taken the loan with any urgent need he should repent to Allah and ask His forgiveness.

    Allah (Subhana Wa Ta'ala) knows Best

    Darul Ifta,

    Darul Uloom Deoband, India