Interest-based loans to establish business : interest-based loan to start a business

Fatawa Question

Assalamu Alaikum. Could the Muslim take the loan from Haram Riba bank if there are not any Islamic bank in his country and this is the only way to start own business ?

Fatwa

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Publication Date

2001-04-25

Main Subjects

Financial and Accounting Sciences
Islamic Studies

Topics

No. of Pages

1

Data Type

Fatawa

Language

English

Record ID

BIM-725727

American Psychological Association (APA)

Qahf, Mundhir. 2001-04-25. Interest-based loans to establish business : interest-based loan to start a business. .
https://search.emarefa.net/detail/BIM-725727

Modern Language Association (MLA)

Qahf, Mundhir. Interest-based loans to establish business : interest-based loan to start a business. 2001-04-25.
https://search.emarefa.net/detail/BIM-725727

American Medical Association (AMA)

Qahf, Mundhir. 2001-04-25. Interest-based loans to establish business : interest-based loan to start a business.
https://search.emarefa.net/detail/BIM-725727