Transactions & Dealings >> Business
Question ID: 164527Country: india
Answer ID: 164527
Bismillah hir-Rahman nir-Rahim !
(Fatwa: 1523/1333/L=12/1439)
Apparently, it is not the deal of shirkah (partnership) rather it is to derive benefit by giving loan and it is not lawful; hence it shall not be lawful for you to take fifteen thousand extra.
كل قرض جر منفعة فهو ربا (مصنف بن أبي شيبه، رقم: 20690)
[Translation: Every debt that yields profits, is a usury.]
Allah (Subhana Wa Ta'ala) knows Best
Darul Ifta,
Darul Uloom Deoband, India