Q: Is interest permissible if below the inflation rate? الجواب حامدا ومصليا ومسلما ومنه الصدق والصواب A: The permissibility of interest at or below the rate of inflation is not supported by Al-Qalam and the majority of scholars. Please see the following link: http://www.1stethical.com/wp-content/uploads/2010/07/StudentLoans.pdf Rather, any loan that attracts a conditional increment is not permitted. This […]
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