Transactions & Dealings >> Interest & Insurance
Question ID: 46414Country: India
Answer ID: 46414Posted on: Aug 31, 2020
Bismillah hir-Rahman nir-Rahim !
(Fatwa: 1083/701/L=1434) It is not lawful to pay bribe with interest money.
Allah (Subhana Wa Ta'ala) knows Best
Darul Ifta,
Darul Uloom Deoband, India
Is bank loan permisible in India for business purpose? if yes what are the criteria and if no why?
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