Starting a business with an interest loan : making a business with interest loan
Fatawa Question
Alsalam Alikoum I took a mortgage loan to start a business. I didn’t use any money from the profit of this business, but I kept it aside in a separated banking account. I‘d like to know whether there is any way to make this profit Halal. Since I started working, I record all the hours I spent working in this business. If I pay my self the minimum wage per hour as if I was working for stranger this salary will be Halal or not ? Thanks and Alsalam Alikoum.
Fatwa
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Publication Date
2007-05-01
Main Subjects
Economics & Business Administration
Islamic Studies
No. of Pages
1
Data Type
Fatawa
Language
English
Record ID
BIM-785353
American Psychological Association (APA)
Qahf, Mundhir. 2007-05-01. Starting a business with an interest loan : making a business with interest loan. .
https://search.emarefa.net/detail/BIM-785353
Modern Language Association (MLA)
Qahf, Mundhir. Starting a business with an interest loan : making a business with interest loan. 2007-05-01.
https://search.emarefa.net/detail/BIM-785353
American Medical Association (AMA)
Qahf, Mundhir. 2007-05-01. Starting a business with an interest loan : making a business with interest loan.
https://search.emarefa.net/detail/BIM-785353
