Go back to category : Financial Transactions
  

Question Summary:
if a person is having overdraft in his bank account(if has only one account),is it halal to use such money.the person is working but his monthly income is not sufficient to change the position of his bank account(overdraft).

Question Detail:

if a person is having overdraft in his bank account(if has only one account),is it halal to use such money.the person is working but his monthly income is not sufficient to change the position of his bank account(overdraft).

Answer :

In the name of Allah, Most Gracious, Most Merciful
Assalaamu `alaykum waRahmatullahi Wabarakatoh
 
An overdraft is a loan on interest which is haram. The person should pay his debt and abstain from interest.
And Allah Ta'ala Knows Best
Wassalam
Mufti Ebrahim Desai
Darul Iftaa, Madrassah In'aamiyyah

Main Categories  More Questions  


Online Tutor Available

 
Masnoon Duaein
Islamic Question & Answers
Aaj ki baat
Mazameen
Asma ul Husna
Tilawat e Quran
Qasas-ul-Anbiya
Multimedia
Essential Duas For A Muslim
Khawateen Kay Masaeel

© 2024 Ya-mujeeb.com. All rights reserved
search-sharai-masaeel