Is interest a compensation for inflation ? : is it permitted to take interest on deposits because there is devaluation ?

السؤال

Assalamu Alaikum : Riba: Al-Azhar Fatawa say modern fixed bank interest is not Ribaj-Jahliya. Here in Pakistan the devaluation is about 18 % p. A banks pay only 12 % which they call profit. We officially have no Riba bank accounts are profit / loss accounts but in reality its interest as offered by any other bank. I don’t have a job right now and I am unable to enter a business and I need constant income my savings are eroding as I am living on my savings for the past 13 months. Please suggest. Is this profit Riba ? Can I take this profit for a certain period of time till I’m able to earn some money through a job or a business ?

جواب الفتوى

أنقر هنالمشاهدة هذا المحتوى

تاريخ النشر

2003-03-06

التخصصات الرئيسية

العلوم الاقتصادية والمالية وإدارة الأعمال
العلوم المالية و المحاسبية
الدراسات الإسلامية

الموضوعات

عدد الصفحات

1

نوع البيانات

فتاوى

لغة النص

الإنجليزية

رقم السجل

BIM-724030

نمط استشهاد جمعية علماء النفس الأمريكية (APA)

Qahf, Mundhir. 2003-03-06. Is interest a compensation for inflation ? : is it permitted to take interest on deposits because there is devaluation ?. .
https://search.emarefa.net/detail/BIM-724030

نمط استشهاد الجمعية الأمريكية للغات الحديثة (MLA)

Qahf, Mundhir. Is interest a compensation for inflation ? : is it permitted to take interest on deposits because there is devaluation ?. 2003-03-06.
https://search.emarefa.net/detail/BIM-724030

نمط استشهاد الجمعية الطبية الأمريكية (AMA)

Qahf, Mundhir. 2003-03-06. Is interest a compensation for inflation ? : is it permitted to take interest on deposits because there is devaluation ?.
https://search.emarefa.net/detail/BIM-724030