ANSWER:

If he has signed the contract, he’s sinful. 

If a father takes a huge loan in the name of a son against his will (because the son knows riba is haram) from the bank for business purposes and the son does not want profit from the business because he does not want it as he wants to avoid any form of riba. In this case, does the son fall in any sin of taking riba?

Riba | December 12, 2017 5:15 am
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In India jewelry showrooms have investment schemes, where one pays a fixed monthly amount to the store & since gold rate fluctuates every day, the day we make the payment, that day’s rate is recorded and after 12 months the average rate is calculated of the gold per gram and the we can purchase the gold for the entire value we have invested, at the average rate.Is this a halal?