Elimination of interest from personal transactions : gradual elimination of interest-based borrowing in Muslim countries

Fatawa Question

We have a textile processing unit in -----------, Pakistan. We are under big debt of banks interest related. We want to get rid of it now, but the nature of business is such we cannot get rid at once. What should we do ? Please do not publish the question on the et / website

Fatwa

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Publication Date

2001-04-30

Main Subjects

Economics & Business Administration
Financial and Accounting Sciences
Islamic Studies

Topics

No. of Pages

1

Data Type

Fatawa

Language

English

Record ID

BIM-725887

American Psychological Association (APA)

Qahf, Mundhir. 2001-04-30. Elimination of interest from personal transactions : gradual elimination of interest-based borrowing in Muslim countries. .
https://search.emarefa.net/detail/BIM-725887

Modern Language Association (MLA)

Qahf, Mundhir. Elimination of interest from personal transactions : gradual elimination of interest-based borrowing in Muslim countries. 2001-04-30.
https://search.emarefa.net/detail/BIM-725887

American Medical Association (AMA)

Qahf, Mundhir. 2001-04-30. Elimination of interest from personal transactions : gradual elimination of interest-based borrowing in Muslim countries.
https://search.emarefa.net/detail/BIM-725887