Home » Hanafi Fiqh » Qibla.com » Paying off dept with loan

Paying off dept with loan

Answered as per Hanafi Fiqh by Qibla.com

Answered by Shaykh Faraz Rabbani

My mother recently passed away and she had some dept to pay. The money I have is from a interest based loan. Will it be alright if I use the loan to pay off her dept?

Answer:
In the Name of Allah, Most Gracious, Most Merciful

Assalamu alaikum wa rahmatullah

Yes, it would be permitted to pay off her debt with a loan (even unlawful-sourced) that you already have–not through the new taking of such a loan.

Faraz Rabbani

Please see the following related SunniPath Answers (http://qa.sunnipath.com):

Reader on interest (riba), mortgage, leasing, insurance and other related matters of Islamic finance

Jazakum Allah khayr.
And Allah alone gives success.

Original Source Link

This answer was indexed from Qibla.com, which used to have a repository of Islamic Q&A answered by various scholars. The website is no longer in existence. It has now been transformed into a learning portal with paid Islamic course offering under the brand of Kiflayn.

Read answers with similar topics: