Examples of lack of justifying needs : taking an interest-based loan to help paying an interest mortgage
Fatawa Question
Salam, I am a student and I am studying at university. I have taken out a loan from a loans company and I will be charged interest in terms of inflation. I am using this money in order to help pay for my dads mortgage, the interest on the mortgage is quite a lot, am I doing wrong Islamically, please explain and give references, thanks
Fatwa
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Publication Date
2002-03-25
Main Subjects
Financial and Accounting Sciences
Religion
Islamic Studies
Topics
No. of Pages
1
Data Type
Fatawa
Language
English
Record ID
BIM-725507
American Psychological Association (APA)
Qahf, Mundhir. 2002-03-25. Examples of lack of justifying needs : taking an interest-based loan to help paying an interest mortgage. .
https://search.emarefa.net/detail/BIM-725507
Modern Language Association (MLA)
Qahf, Mundhir. Examples of lack of justifying needs : taking an interest-based loan to help paying an interest mortgage. 2002-03-25.
https://search.emarefa.net/detail/BIM-725507
American Medical Association (AMA)
Qahf, Mundhir. 2002-03-25. Examples of lack of justifying needs : taking an interest-based loan to help paying an interest mortgage.
https://search.emarefa.net/detail/BIM-725507
