Transactions & Dealings >> Interest & Insurance
Question ID: 61852Country: India
Answer ID: 61852Posted on: Sep 1, 2020
Bismillah hir-Rahman nir-Rahim !
(Fatwa: 56/88/SN=02/1437) You may do so but if you avoid it, it is far better.
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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