usury

Shomaila asked 2 years ago

Aoa.I am a student and I had applied for a scheme launched by government for youth and that loan is sanctioned to me now but on the total amount i have to give a 6% interest in the end, so here i have a question is this money or loan forbidden in islam or can i take it? as i desperately need it for the continuation of my studies.

1 Answers
Syed Hamad Khalid answered 2 years ago

Asalamoalikum,

Dear sister, Sood is haram and you should not take the money if you need to give sood at the end.

Sood main barkat nahi.

ALLAH pak apkeliye asaania paida farmayay ameen.

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