Purchasing a TV on interest

Q: I bought a TV with option of no cost emi of 3 months. After emi completion, Later I found out that it is not permissible and it involves interest as bank gives loan and charges interest and then I checked my statement and found out.

I usually buy items paying all amount but this happened first time that I had to take this option of no cost emi. From the day, I came to know I am feeling bad. Should I sell of my TV or keep it? If I sell I won't even get 50% of amount which I took. So I am in a dilema. What should I do in this case.

A: The element of interest makes this haraam. Further buying and selling a tv is also haraam. Therefore it is your duty to dispose of the tv so that you do not become a victim of the curse of this accursed box.

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


Answered by:

Mufti Ebrahim Salejee (Isipingo Beach)