Darul Iftaa Mahmudiyyah

Advise on opening a business without being involved in interest

· 10 Rabiʻ II 1435 AH1 min readFatwa 28242English

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
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Source: Darul Iftaa Mahmudiyyah — https://askimam.org/public/question_detail/28242
Fatawa SA: https://fatawa.co.za/fatwa/askimam-28242

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