Miscellaneous >> Halal & Haram
Question ID: 14783Country: India
Answer ID: 14783
Bismillah hir-Rahman nir-Rahim !
(Fatwa: 1277/1214=B/1430)
Taking loan on interest is permissible only in exigent cases; it is not permissible for expanding business. You should keep on running the company which you now run successfully, Allah shall give barakah in it and avoid using interest money as much as possible.
Allah (Subhana Wa Ta'ala) knows Best
Darul Ifta,
Darul Uloom Deoband, India