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Bank Loans in Gulf Countries: Are They Accessible to Foreigners?

Answered as per Hanafi Fiqh by Muftionline.co.za

Q: Can we take a loan from a bank in a gulf country?

Bismillaah

A: No.

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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