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Qurbani and Interest Loan

Answered as per Hanafi Fiqh by Askmufti.co.za

Q: I have loaned some money from a bank and am paying interest every month but now I have a certain amount which is good enough to get rid of loan and the interest while on the other hand it’s Eid-ul-adha. Either I can do Qurbani or get rid of loan. Please guide me which is more important according to sharia. Qurbani first or get rid of loan/interest?

A: Dealing in interest is Haraam. Pay the loan and leave out the Qurbani.

Moulana Yusuf Laher
Checked by: Mufti Siraj Desai

This answer was collected from AskMufti.co.za, which is operated under the supervision of Mufti Siraj Desai of Darul-Uloom Abubakr, South Africa.

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