In which Case Is it Allowed to Take Interest - Qazwini

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Al-Hujjah Islamic Seminary

Al-Hujjah Islamic Seminary

Күн бұрын

If by opening a bank account, I know that I will receiving interest from the bank, am I still allowed to do that? Sayed Sistani says it is permissible, whether in a Muslim country or non-Muslim country. For the non-Muslim, we discussed that it’s permissible to take interest from a non-Muslim. What about taking interest from a Muslim? The problem with usury is not about taking the interest, but stipulating the condition of interest. For example, if someone loans us $100,000 and out of kindness, we give back with an additional 2% every month, then this is permissible. However, if we are stipulating with a bank to give us a certain interest rate, then this is not permissible. In summary, we can receive interest as long as we don’t stipulate or fight for it (i.e. it’s more like a reward, not interest).

Пікірлер: 5
@arifrizvi2658
@arifrizvi2658 2 ай бұрын
Mashallah syed very logical answer!
@hassanabbas313
@hassanabbas313 2 жыл бұрын
Mashallah sayed
@mukarramnaqvi1
@mukarramnaqvi1 4 жыл бұрын
Is is legal to invest in Stock Market/Equities?
@aamirabbas9441
@aamirabbas9441 2 жыл бұрын
Yes
@MustafaAli-lb8dq
@MustafaAli-lb8dq 6 ай бұрын
Any hadith to support this?
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