Interest loans to buy other goods : getting clinical equipment on an interest loan

Fatawa Question

I would like to build a clinic in a Muslim country. I don't have enough money to buy essential equipments and the only way to do that is to take a mortgage within the same country and I have to pay interest on the mortgage till I pay back the money. This clinic will serve Muslim people. Is it O. K to take this mortgage ? Jazakumu Allah Khairan.

Fatwa

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Publication Date

2002-01-09

Main Subjects

Financial and Accounting Sciences
Public Health
Islamic Studies

Topics

No. of Pages

2

Data Type

Fatawa

Language

English

Record ID

BIM-725800

American Psychological Association (APA)

Qahf, Mundhir. 2002-01-09. Interest loans to buy other goods : getting clinical equipment on an interest loan. .
https://search.emarefa.net/detail/BIM-725800

Modern Language Association (MLA)

Qahf, Mundhir. Interest loans to buy other goods : getting clinical equipment on an interest loan. 2002-01-09.
https://search.emarefa.net/detail/BIM-725800

American Medical Association (AMA)

Qahf, Mundhir. 2002-01-09. Interest loans to buy other goods : getting clinical equipment on an interest loan.
https://search.emarefa.net/detail/BIM-725800