Published 6 years ago
Last updated 6 years ago
Q: I have an interest loan which is fixed interest car loan. However i need a car for work and i am a salesman. I know this loan is haraam. I have asked family and friends to give me a loan but failed. Now I'm stuck with this loan and i would like to find out is there any place where i can get a sharia loan as i hate to be in interest. Please help as i have no barkat and i can pay any muslim willing to help me a profit rather than being in interest.
A: Paying profit on a loan taken is in actual fact interest.
And Allah Ta'ala (الله تعالى) knows best.
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