Is it acceptable to take a shariah compliant loan arranged by the financing Sharia enterprise ?
Fatawa Question
The government backed start up loans company is offering a shariah compliant loan to customers wanting a Halal alternative. The Shariah compliant loan is being arranged by the financing Sharia enterprise and from their website it appears they are using the Mudaraba system. Is this acceptable according to shariah ?
Fatwa
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Publisher
al-Qalam Shariah Scholar Panel
Publication Date
2014-07-03
Country of Publication
United Kingdom
Main Subjects
Economics & Business Administration
Financial and Accounting Sciences
Islamic Studies
Topics
No. of Pages
1
Data Type
Fatawa
Language
English
Record ID
BIM-726996
American Psychological Association (APA)
al-Qalam Shariah Scholar Panel (Manchester, England). 2014-07-03. Is it acceptable to take a shariah compliant loan arranged by the financing Sharia enterprise ?. . Manchester England : al-Qalam Shariah Scholar Panel.
https://search.emarefa.net/detail/BIM-726996
Modern Language Association (MLA)
al-Qalam Shariah Scholar Panel (Manchester, England). Is it acceptable to take a shariah compliant loan arranged by the financing Sharia enterprise ?. Manchester England : al-Qalam Shariah Scholar Panel. 2014-07-03.
https://search.emarefa.net/detail/BIM-726996
American Medical Association (AMA)
al-Qalam Shariah Scholar Panel (Manchester, England). 2014-07-03. Is it acceptable to take a shariah compliant loan arranged by the financing Sharia enterprise ?. Manchester England : al-Qalam Shariah Scholar Panel.
https://search.emarefa.net/detail/BIM-726996