Transactions & Dealings >> Interest & Insurance
Question ID: 35934Country: India
Answer ID: 35934
Bismillah hir-Rahman nir-Rahim !
(Fatwa: 94/94/M=1433) One has to pay interest in taking loan from bank and hadith curses interest based dealing; hence you should avoid taking loan without severe need. Try to find interest free loan from someone.
Allah (Subhana Wa Ta'ala) knows Best
Darul Ifta,
Darul Uloom Deoband, India