This is not permissible as this would Encourage them to take another loan in the future.

Is it allowed to give Zakat money for paying interest money to the family who took loan from bank for their urgent needs. Appreciate receiving yr early response.

Riba | October 24, 2015 3:44 am
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My friend is affiliated to “Company A” and he said me if i buy one product (which costs 250 dollars) from “company A” then he will give me a loan of another 250 dollars to buy another product. Is this transaction based on riba since i heard that there is a hadith which says it is haram to combine a sale and a loan..i want to know if my transaction is same like combining sale and loan?
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Is it halal to sell ATM machine, Fax machine, Computers etc to conventional banks?