Overdraft facilities from conventional banks

Fatawa Question

I have a problem with Riba in the bank. We are getting a lot of facilities in the bank. Over draft and loans but i want to escape all this to clear my self after that, what is going to happen for Islamic bank they can’t give me a loan or over draft it will take long time to get all the facilities so shall i stay with the same bank where i am now or i should i clear my self and then i will get same facility in Islamic bank ? i am very sorry i took long to explain. Thank you, jazaka allahu kheyran. I will be happy if u could answer me as soon as u can, plz and give me an idea on what to do ? I asked about this aya saying fa’ thanu Biharbin mina allahi warasulihi. Shukran wasalamu aleikum warahmatullahi wabarakatuh... That my question it shouldn't put on the browse area

Fatwa

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Publication Date

2002-03-19

Main Subjects

Economics & Business Administration
Financial and Accounting Sciences
Religion
Islamic Studies

Topics

Data Type

Fatawa

Language

English

Record ID

BIM-724713

American Psychological Association (APA)

Qahf, Mundhir. 2002-03-19. Overdraft facilities from conventional banks. .
https://search.emarefa.net/detail/BIM-724713

Modern Language Association (MLA)

Qahf, Mundhir. Overdraft facilities from conventional banks. 2002-03-19.
https://search.emarefa.net/detail/BIM-724713

American Medical Association (AMA)

Qahf, Mundhir. 2002-03-19. Overdraft facilities from conventional banks.
https://search.emarefa.net/detail/BIM-724713