[Investing with borrowed money]

Fatawa Question

Bismillah al Rahman al Rahim Alhamdu Lillahi Rabb al Alamin, Wa al Salatu Wa al Salam Ala Sayyidina Muhammad, Wa Ala Aalihi Wa Sahbihi Ajma'in Dear Br. Respected scholars, Assalamu-U-Alaykum. I want to know whether it is permissible to borrow money for investments. Does Allah SWT forbid us from buying goods or making investments (even if they are Halal) using borrowed money, or does He stop us only from borrowing Haram funds ? Please clarify the principle involved here, since I am unclear whether to borrow or not, for Halal investments from Halal sources. Wassalam and many thanks.

Fatwa

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Publication Date

2011-12-23

Main Subjects

Economics & Business Administration
Islamic Studies

Topics

• Islamic jurisprudence
• Investments
• Bank loans
• Usury

No. of Pages

1

Data Type

Fatawa

Language

English

Record ID

BIM-733094

• APA
• MLA
• AMA