فَسـئَلُوا اَهلَ الذِّكرِ اِن كُنتُم لَا تَعلَمُونَ‏

So, ask the people (having the knowledge) of the Reminder (the earlier Scriptures), if you do not know.

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Transactions Interest
Borrowing Loan on Interest
Question:- During his days of ignorance, Zaid took interest from banks on jewelry.
Answer:- It should be noted that both taking interest (usury) and giving interest (usury) are forbidden from the clear wordings of the Qur'an and Hadith. In the Hadith, those who make usury transactions are cursed. Borrowing from conventional banks is based on interest (usury). Borrowing at interest is not permissible.
Mufti Arif Khan
Views: 23
Date: 30 Jul 2025
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