Respected scholars, as-salamu `alaykum.I borrowed some money in dollars from a friend, and I paid him back in Saudi riyals in installments based on the rate of exchange at that time (the time of the loan). What is the ruling on that? Jazakum Allahu Khayran.
Assalamalaikum, My father has three business in Dubai.In running those businesses he took the support of banks...later proper feedback was not put into business as funds were used in different purposes .Resulting in losses and debts.Now we realized that running business through banks support was a mistake and we are worried how to face our debts. Please enlighten this issue in the light of Islam as I don't know whether it is lawful to take support of banks to grow in business?