Working in firms owned by non-Muslims or with them : working with a non-Muslim who deals with interest

Fatawa Question

I am a partner in a commercial transport company. The other partner is not Muslim. The company has been using bank loans with interest to finance purchase of vehicles. What I have to do to avoid Shari’ah violation ? For your information Islamic finance is more expensive and will not be accepted by my partner.

Fatwa

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Publication Date

2002-03-19

Main Subjects

Financial and Accounting Sciences
Religion
Islamic Studies

Topics

No. of Pages

1

Data Type

Fatawa

Language

English

Record ID

BIM-725029

American Psychological Association (APA)

Qahf, Mundhir. 2002-03-19. Working in firms owned by non-Muslims or with them : working with a non-Muslim who deals with interest. .
https://search.emarefa.net/detail/BIM-725029

Modern Language Association (MLA)

Qahf, Mundhir. Working in firms owned by non-Muslims or with them : working with a non-Muslim who deals with interest. 2002-03-19.
https://search.emarefa.net/detail/BIM-725029

American Medical Association (AMA)

Qahf, Mundhir. 2002-03-19. Working in firms owned by non-Muslims or with them : working with a non-Muslim who deals with interest.
https://search.emarefa.net/detail/BIM-725029