All Questions
4
questions
0
votes
1
answer
26
views
Paying back interest of a loan with interest earned from a bank acciunt
I have took a loan. I am going to pay it back for next ten years. Every month I pay 600 dollars interest in this loan installment. After taking loan, I got 50 thousand dollars from somewhere. I asked ...
- 1
2
votes
3
answers
12k
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If interest is haram, how can a Muslim get a house or a car in modern times?
If interest is haram, how can a Muslim get a house or a car in modern times?
The prices these days are so inflated it is impossible for regular people like myself to afford the so-called basic ...
- 151
8
votes
4
answers
1k
views
Should I take loan from the bank at 1% interest or be forced to pay 9% interest by failing to pay rent?
Something happened and I lost my job, and I didn't have enough money to pay the flat rent.
Here in Sweden if your late in paying rent, what they do is they start to take interest on the rent until ...
- 181
8
votes
1
answer
770
views
Does the Hanafi school permit debtors to profit from loans?
Unlike a personal loan, which is typically taken and used in need, business loans are often taken with the express intent of profiting therefrom. Often, a business may choose to go in debt not ...
- 12.6k