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Can we take bank help for our business?

Answered as per Hanafi Fiqh by Darulifta-Deoband.com
salam aly kum,we are running a petrol pump,and for that we require to take over draft from banks.Please advise me that ,can we take bank help for running our business,becoz without that it is not possible for us to run the business smoothly at initial stage?


(Fatwa: 337/278/H=1431)

It is advisable, as this is the commandment of Shariah, that you should avoid taking interest based loan. Avoiding it in initial stages is the best way to ward off many upcoming troubles.

Allah (Subhana Wa Ta’ala) knows Best

Darul Ifta,
Darul Uloom Deoband

This answer was collected from the official ifta website of Darul Uloom Deoband in India.

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