Settling one’s debts

Answered according to Hanafi Fiqh by

Q: I have a couple of debts I have to pay back. One is a non-interest loan via a friend. One is a previous student loan where the interest is extremely small. I took this loan out some years back when I didn’t know anything about riba. If I can get a loan (non-interest) from somewhere, is it permissible for me to invest this loan in something halaal in order to make money for myself so that I can pay off my debts first, before I get a job? For example, I am able to get a loan and invest in some business which would eventually provide some return. Assuming I still don’t have a job. Or, if I can get myself a job, although I have these debts, would I be able to save up and invest first before paying the debts off? Or can I save up and invest, while taking some of my savings and putting that towards the debts at the same time? What is the best course to follow and what out of the above us permissible? What way round is allowed?


A: Yes, if someone is interested in helping you.

And Allah Ta’ala (الله تعالى) knows best.

Answered by:

Mufti Ebrahim Salejee (Isipingo Beach)

This answer was collected from, 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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