Excuses for interest deals : interest loans to fight poverty
Fatawa Question
Dear Sir, Assalamu Alaikum. I want to know the view of Islam about taking loan from bank. It is to be noted here that for taking loan we've to pay interest to the bank. But without taking loan it is not possible to take large projects like industrial, housing etc. These commercial projects also play a great role in poverty elevation in a country. But the state offers loan with interest .What we can do ? Thank you
Fatwa
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Publication Date
2002-05-05
Main Subjects
Financial and Accounting Sciences
Religion
Islamic Studies
Topics
No. of Pages
1
Data Type
Fatawa
Language
English
Record ID
BIM-726723
American Psychological Association (APA)
Qahf, Mundhir. 2002-05-05. Excuses for interest deals : interest loans to fight poverty. .
https://search.emarefa.net/detail/BIM-726723
Modern Language Association (MLA)
Qahf, Mundhir. Excuses for interest deals : interest loans to fight poverty. 2002-05-05.
https://search.emarefa.net/detail/BIM-726723
American Medical Association (AMA)
Qahf, Mundhir. 2002-05-05. Excuses for interest deals : interest loans to fight poverty.
https://search.emarefa.net/detail/BIM-726723
