Interest-based loans to run or save business : interest-based loan to protect ones business form bankruptcy

السؤال

Salamu Alaikum I have a terrible situation developed. I have a friend who is an excellent practicing Muslim. This friend had started a business that can be highly profitable and purely Halal. In order to get off the ground, though, he needs a hefty investment. No one within our community can offer the funds. If he does not get the funds, he may go bankrupt. In cases like this, is it allowed for him to take a business loan from a bank ? of course the loan will have Riba. Can you think of another alternative (i.e., any Muslim organizations that assist entrepreneurs with monetary needs).

جواب الفتوى

أنقر هنالمشاهدة هذا المحتوى

تاريخ النشر

2001-03-27

التخصصات الرئيسية

العلوم الاقتصادية والمالية وإدارة الأعمال
العلوم المالية و المحاسبية
الدراسات الإسلامية

الموضوعات

• الفقه الإسلامي
• القروض
• الأعمال التجارية
• الإفلاس
• الربا

عدد الصفحات

1

نوع البيانات

فتاوى

لغة النص

الإنجليزية

رقم السجل

BIM-726558

• APA
• MLA
• AMA