Transactions & Dealings >> Business

Question ID: 153495Country: India

Title: Haram halal

Question: I am a 22 year old boy my. Father have a business of bus he has purchased bus on loan he has taken it from bank and he gives the bank interest on loan. Is the income halal and is it halal for me to eat from the income?

Answer ID: 153495Posted on: Sep 1, 2020

Bismillah hir-Rahman nir-Rahim !

(Fatwa: 1351/1302/L=11/1438)

Though it was unlawful to purchase bus on loan but the income earned though it shall not be termed haram. The income shall be halal and it shall be halal for you to eat from that income.

Allah (Subhana Wa Ta'ala) knows Best

Darul Ifta,

Darul Uloom Deoband, India

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Title: Haram halal

Question: I am a 22 year old boy my. Father have a business of bus he has purchased bus on loan he has taken it from bank and he gives the bank interest on loan. Is the income halal and is it halal for me to eat from the income?

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