How can I finance a new business without getting a loan ?
Fatawa Question
How can I finance a new business without getting a loan ? My aim is to open a business but for the capital I would need to go to the bank, which they have agreed to lend. But on the other hand I feel this is forbidden as it involves interest. This is my only option of obtaining capital that I need in order to open the business. So the question is “how did our people at the time of prophet (PBH) did business and obtained funds and how can I start a Halal business” ?
Fatwa
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Publisher
al-Qalam Shariah Scholar Panel
Publication Date
2011-12-11
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-727051
American Psychological Association (APA)
al-Qalam Shariah Scholar Panel (Manchester, England). 2011-12-11. How can I finance a new business without getting a loan ?. . Manchester England : al-Qalam Shariah Scholar Panel.
https://search.emarefa.net/detail/BIM-727051
Modern Language Association (MLA)
al-Qalam Shariah Scholar Panel (Manchester, England). How can I finance a new business without getting a loan ?. Manchester England : al-Qalam Shariah Scholar Panel. 2011-12-11.
https://search.emarefa.net/detail/BIM-727051
American Medical Association (AMA)
al-Qalam Shariah Scholar Panel (Manchester, England). 2011-12-11. How can I finance a new business without getting a loan ?. Manchester England : al-Qalam Shariah Scholar Panel.
https://search.emarefa.net/detail/BIM-727051
