Q: Is it in order to lend money to someone for example I say I will lend you R100 and you pay me back R150.
A: This is pure interest.
And Allah Ta’ala (الله تعالى) knows best.
Answered by:
Mufti Ebrahim Salejee (Isipingo Beach)
Home » Hanafi Fiqh » Muftionline.co.za » Lending Money: Is It Ethical to Charge Interest?
Q: Is it in order to lend money to someone for example I say I will lend you R100 and you pay me back R150.
A: This is pure interest.
And Allah Ta’ala (الله تعالى) knows best.
Answered by:
Mufti Ebrahim Salejee (Isipingo Beach)
This answer was collected from MuftiOnline.co.za, where the questions have been answered by Mufti Zakaria Makada (Hafizahullah), who is currently a senior lecturer in the science of Hadith and Fiqh at Madrasah Ta’leemuddeen, Isipingo Beach, South Africa.
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