Can v take loan from a bank or use credit card to repay the fine, which keeps on adding due to late fees with the intention of repaying the loan as early as possible? | Sheikh Assim Al Hakeem
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  5. Can v take loan from a bank or use credit card to repay the fine, which keeps on adding due to late fees with the intention of repaying the loan as early as possible?

Can v take loan from a bank or use credit card to repay the fine, which keeps on adding due to late fees with the intention of repaying the loan as early as possible?

06 Jul

ANSWER:

This is prohibited as it is riba. 

Can v take loan from a bank or use credit card to repay the fine, which keeps on adding due to late fees with the intention of repaying the loan as early as possible?

Riba | July 6, 2018 12:21 am
Previous

Sheikh,I work in a bank.I know it’s haram ,I have tried to convince my father islamically abt it,he says not to quit until I get a better job, despite repeated requests he doesn’t listen,I don’t want to upset him affecting his health, if I quit the atmosphere of home will be disrupted, guide me. And can I get married while doing this job or should I wait till I get a halal job,I am 29 yrs old.

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Sheikh! My uncle’s company won a business deal. But the company is lacking finances. So he asked his family members and friends to lend him money and help him. And in return he would share a percentage of profit with them along with the money lent. Can I lend him money and take extra money? Is this riba? If not, Under what conditions is this allowed?

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