Prohibition of Riba and its rationale : what is Riba ?
Fatawa Question
Assalamu Alaikum My question, I know has been asked many times. But I hope In Sha Allah you will still bare with me. I am still unsure about the rulings on Riba'. According to one Shaikh.. He claims that Riba in the respect of a loan is allowed, if it out of necessity. Would you then agree that 'necessity' can be rationalized ? For example.. Wouldn't a car loan be necessary, for work, if it were to provide money to live ? Note
Fatwa
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Publication Date
2002-12-23
Main Subjects
Economics & Business Administration
Islamic Studies
Topics
No. of Pages
2
Data Type
Fatawa
Language
English
Record ID
BIM-725664
American Psychological Association (APA)
Qahf, Mundhir. 2002-12-23. Prohibition of Riba and its rationale : what is Riba ?. .
https://search.emarefa.net/detail/BIM-725664
Modern Language Association (MLA)
Qahf, Mundhir. Prohibition of Riba and its rationale : what is Riba ?. 2002-12-23.
https://search.emarefa.net/detail/BIM-725664
American Medical Association (AMA)
Qahf, Mundhir. 2002-12-23. Prohibition of Riba and its rationale : what is Riba ?.
https://search.emarefa.net/detail/BIM-725664
