SOODCategory: QuestionsAuthor "questions@al-khoei.org"SOOD
Ghulam Abbas asked 4 years ago

Dear sir,
I have question about islam one of the most important point sood what Islam says about and what is fiqa says kindly guide us and what is its remedy.

1 Answers
Fadhel Al-Sahlani Staff answered 4 years ago

Salamun Alaikum! Hope you are doing well. We are sorry for replying you late.

Sood/Riba or interest is haram when you borrow money from a person and if you have to pay him the principal amount with interest. But if you take money from banks/institutions it has different rules