Transactions & Dealings >> Business

Question # : 153495

India

I am a 22 year old boy my. Father have a business of bus he has purchased bus on loan he has taken it from bank and he gives the bank interest on loan. Is the income halal and is it halal for me to eat from the income?

Answer : 153495

Published on: Aug 14, 2017

بسم الله الرحمن الرحيم



(Fatwa: 1351/1302/L=11/1438)



Though it was unlawful to purchase bus on loan but the income earned though it shall not be termed haram. The income shall be halal and it shall be halal for you to eat from that income.




Allah knows Best!


Darul Ifta,
Darul Uloom Deoband

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