Fatawaa

Subject : My brother is settling a debt on my behalf and in return he takes 30% interest as an additional amount of the whole sum. Is this lawful or not?
Fatwa Number : 1439
Classified : Usury (interest) &Loans
Fatwa Type : Summarized Fatawaa

Question :

My brother is settling a debt on my behalf and in return he takes 30% interest as an additional amount of the whole sum. Is this lawful or not?


The Answer :

This additional amount is considered prohibited interest (Riba) according to Islamic law, and it is not permissible to take it. And Allah Knows Best.

 

 

 

 

 






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