Dr. Monzer Kahf, a prominent economist and counselor states: This is the exact Riba that is prohibited in the Qur’an, and if not then what is Riba?. Necessities doesn’t make haram especially Riba Halal”.
Taking a Personal Loan with Fixed Interest due to necessities
Did you like this content?
Recommended
Difference between Hady and Udhiyah
How to Perform Prayer of Thankfulness
Spiritual Diseases: Remedy
Children’s Rights: Islamic Perspective
Kindness to Parents
Marriage Steps in Islam
Showing Respect to Prophet Muhammad
Bid`ah (Innovation): Definition and Classification
The Child’s Status After the Divorce
Is There a Copyright Law in Islam?
Top Reading