Interest-based loans to establish business : interest-based loan to open a business
Fatawa Question
I live in America and I would like to open a business but I don't have enough money to open it on my own or with a partner and on the rat that I am going it would be a long time to do so and with the inflation of prices that we face now that means never and the business that I intend to open is Halal and that mean Halal jobs for my Muslim brothers but the only way to do so is buy obtaining a loan from bank with interest, and by the American low part or whole of the interest is tax deductible that mean they take it away from the tax what is the Fatwa for that. Thank you for the answer
Fatwa
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Publication Date
2001-04-14
Main Subjects
Financial and Accounting Sciences
Islamic Studies
Topics
No. of Pages
1
Data Type
Fatawa
Language
English
Record ID
BIM-725726
American Psychological Association (APA)
Qahf, Mundhir. 2001-04-14. Interest-based loans to establish business : interest-based loan to open a business. .
https://search.emarefa.net/detail/BIM-725726
Modern Language Association (MLA)
Qahf, Mundhir. Interest-based loans to establish business : interest-based loan to open a business. 2001-04-14.
https://search.emarefa.net/detail/BIM-725726
American Medical Association (AMA)
Qahf, Mundhir. 2001-04-14. Interest-based loans to establish business : interest-based loan to open a business.
https://search.emarefa.net/detail/BIM-725726
