Transactions & Dealings >> Interest & Insurance
Question ID: 564Country: India
Answer ID: 564Posted on: Sep 1, 2020
Bismillah hir-Rahman nir-Rahim !
(Fatwa: 756=525/H)
It is allowed. This has been discussed at length in Fatawa Mahmoodiah, vol 4.
Allah (Subhana Wa Ta'ala) knows Best
Darul Ifta,
Darul Uloom Deoband, India