Published 6 years ago
Last updated 6 years ago
Q: From my understanding, scholars in India at one point gave a fatwa that it is permissible to take loans on interest, mainy because they were living in darul harb?
From my understanding Imam Muhammad and Imam Abu Hanifah was a proponent of that position. This position is the dominant opinion in the Hanafi Madhab?
I am asking because this is a fatwa that is in the works in my local community. I have never taken loans in my life and I don't plan on it but I would like to understand the topic further.
A: You are misinformed.
And Allah Ta'ala (الله تعالى) knows best.
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