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taking loan for business from bank


Salam, Bank say loan lana kasa hay, jabkay bank loan danay par interest/izafi raqam lata hay, jokay ham bank ko datay han, nakay bank say latay han. Anpa Business karnay ka liya aj kal koi loan baghair interest/izafi raqam ka nahi deta asi sorat ma ham kasay koi karobar surooh kar saktay han agar hamay pas pasay no ho. JazakAllah,

الجواب حامدا و مصلیا

In the name of Allah, the Most Beneficent and the Most Merciful
If a person does not have capital to do business he is not allowed to do business after having obtained loans with interest as per the Shari’a, rather in such a situation he, instead of taking loans, may enter into a Mudharaba agreement, thus: he does business on money invested by a second person on a pre arranged condition of profit sharing. Or else he may find employment under someone and completely refrain from taking loans with interest.

Allah knows best.