Use interest money to pay bribes, bank charges, taxes : paying income tax by interest
Fatawa Question
When I got married about 2 years ago, my wife had about 2000 pounds to pay as a student loan. So, I paid this loan off for my wife as I had some savings. I used the interests that I had on my savings to pay the interests of her loan then I paid the actual loan with my own money. Was that right ? Can I pay interest with interest ? Keeping in mind that I do not accept interest and I would have normally gave it away. Jazakum Allahu Khairan for your constant help
Fatwa
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Publication Date
2008-06-03
Main Subjects
Financial and Accounting Sciences
Religion
Islamic Studies
Topics
No. of Pages
1
Data Type
Fatawa
Language
English
Record ID
BIM-730443
American Psychological Association (APA)
Qahf, Mundhir. 2008-06-03. Use interest money to pay bribes, bank charges, taxes : paying income tax by interest. .
https://search.emarefa.net/detail/BIM-730443
Modern Language Association (MLA)
Qahf, Mundhir. Use interest money to pay bribes, bank charges, taxes : paying income tax by interest. 2008-06-03.
https://search.emarefa.net/detail/BIM-730443
American Medical Association (AMA)
Qahf, Mundhir. 2008-06-03. Use interest money to pay bribes, bank charges, taxes : paying income tax by interest.
https://search.emarefa.net/detail/BIM-730443
