12 Rabi al-Thani 1441

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.

By Admin
In Loans
Nov 13th, 2018
0 Comments
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ANSWER:

Taking interest based loans is absolutely prohibited in islam and a major sin. 

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