Advise on opening a business without being involved in interest
Question
I would like to open a business inshaAllah but does not want to be involved in interest. Please advise how should I go about this.
Answer
In the Name of Allah, the Most Gracious, the Most Merciful.
As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.
Your question is unclear. What do you mean by “this”? Are you trying to ask how you can access interest free finance to establish a business?
And Allah Ta’āla Knows Best,
Ismail Dawoodjee
Student Darul Iftaa
Zambia
Checked and Approved by,
Mufti Ebrahim Desai.
www.daruliftaa.net
- Answered by
- Ismail Dawoodjee
- Checked & approved by
- Mufti Ebrahim Desai
Fatawa SA is an independent, read-only index of fatawa already published by Darul Iftaa Mahmudiyyah (AskImam). It is not a fatwa service. For your own situation, ask the issuing Darul Ifta directly.