ANSWER:

If your father got the loan for you to run the business and expects you to pay it back, then it seems you are the owner of it. Before you proceed on from here, make this on paper and have your father sign it so that your siblings won’t come and demand their right in it later on! 

My father recently took a loan from my grandfather so that a business can be opened with it and now I’m the one in charge of the business and according to my father I am the one expected to pay back the money and my father said that he took the money for me and not for himself now my question is once I payback my grandfather does that make me the rightful owner of

Loans | February 3, 2019 2:52 am
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Sheikh, my uncle is saying that if we take the interest based loan then government will provide some subsidies which will compensate the interest amount and it will not be haram as government subsidy will be enough for paying interest amount, which I feel is haram.. So guide me regarding this in the light of quran and sunnah.
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In India to buy a expensive car we have to apply for a loan so that we don’t get problem related to income tax as due to high tax people don’t pay fully income tax is it haram as we people have to do it purposely.