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[Repaying a loan from Haram money]
Fatawa Question
As-Slamu `Alaykum. Please, answer this, it is extremely urgent. I used to own a liquor store so I know the money I earned from that is 100 % Haram. I want to start my own business and I plan to borrow money from my friend to do this because his money is Halal. I don’t want to use the money from the liquor store for this. However if the business doesn’t do well and I don’t make any profit, I plan to pay him back using my Haram money (from the liquor store). If the business does well I will pay him back using the Halal money from that but only if I don’t make a good profit, I will pay him back with the liquor store money. My question is : does the fact that I intend to pay him back with 100 % Haram money (if I don’t make good profit) make his money Haram for me to use for setting up the business ? Will his money become Haram for me ?
Fatwa
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Publication Date
2012-09-29
Main Subjects
Financial and Accounting Sciences
Islamic Studies
Topics
No. of Pages
1
Data Type
Fatawa
Language
English
Record ID
BIM-733568
American Psychological Association (APA)
Qahf, Mundhir. 2012-09-29. [Repaying a loan from Haram money]. .
https://search.emarefa.net/detail/BIM-733568
Modern Language Association (MLA)
Qahf, Mundhir. [Repaying a loan from Haram money]. 2012-09-29.
https://search.emarefa.net/detail/BIM-733568
American Medical Association (AMA)
Qahf, Mundhir. 2012-09-29. [Repaying a loan from Haram money].
https://search.emarefa.net/detail/BIM-733568