Q: Can we take a loan from the bank for business purposes or is it haraaam?
A: Refer to http://muftionline.co.za/node/7507 and http://muftionline.co.za/node/2088
And Allah Ta’ala (الله تعالى) knows best.
Answered by:
Mufti Zakaria Makada
Checked & Approved:
Mufti Ebrahim Salejee (Isipingo Beach)