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Interest-based loans to run or save business : borrowing to run business
Fatawa Question
Assalamu Alaikum If a person needs money to run his business. He does not have any other source of borrowing the money. So he can take the money on interest. If he does not take the money or borrow the money then his business will close down. In that case, taking money on interest is valid or not ?
Fatwa
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Publication Date
2002-02-13
Main Subjects
Economics & Business Administration
Financial and Accounting Sciences
Islamic Studies
Topics
No. of Pages
1
Data Type
Fatawa
Language
English
Record ID
BIM-726562
American Psychological Association (APA)
Qahf, Mundhir. 2002-02-13. Interest-based loans to run or save business : borrowing to run business. .
https://search.emarefa.net/detail/BIM-726562
Modern Language Association (MLA)
Qahf, Mundhir. Interest-based loans to run or save business : borrowing to run business. 2002-02-13.
https://search.emarefa.net/detail/BIM-726562
American Medical Association (AMA)
Qahf, Mundhir. 2002-02-13. Interest-based loans to run or save business : borrowing to run business.
https://search.emarefa.net/detail/BIM-726562