Transactions & Dealings >> Interest & Insurance
Question ID: 53604Country: India
Answer ID: 53604
Bismillah hir-Rahman nir-Rahim !
(Fatwa: 1078/1056/N=08/1435) Yes, it is haram. As interest based dealing is haram in the same way it is also haram to help bank and people and to arrange bank loan for them. The holy Quran says: وَلاَ تَعَاوَنُواْ عَلَى الإِثْمِ وَالْعُدْوَانِ [المائدة : 2[
Allah (Subhana Wa Ta'ala) knows Best
Darul Ifta,
Darul Uloom Deoband, India