Is Having an Interest Loan to Start a Business Allowed?
Sallam 'Alaikum learned brothers/sisters, I live in a country where there are no Islamic (non-riba)financial systems and have a small start-up business of my own that typically requires funding. I currently have an interest paying loan and wish to return it due to the grave consequences of riba.However there are no alternative halal sources. What do I do? will Allah punish me should I continue to use interest money or are there exceptions where no other sources exist? I also have no other source of livelihood... Jaza'akallah Khairan.
