• Transactions & Dealings >> Interest & Insurance

    Question ID: 9895Country: India

    Title: Aslwkm Mohataram Ulema Ekram. Kya bank sey loan lena durust hai kya. ghar key papers ya sona rak kar?

    Question: Aslwkm Mohataram Ulema Ekram. Kya bank sey loan lena durust hai kya. ghar key papers ya sona rak kar?

    Answer ID: 9895

    Bismillah hir-Rahman nir-Rahim !

    (Fatwa: 19/21=B/1429)

     

    By taking loan, one in any case has to give interest while repaying the loan; therefore one should avoid it as much as possible.

    Allah (Subhana Wa Ta'ala) knows Best

    Darul Ifta,

    Darul Uloom Deoband, India