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Is Interest Earned To Cover The Inflation Haram?
Suppose If inflation rate is 4 % and bank is also offering rate of interest in fixed deposit as 4%…so will the money earned as interest consider riba?
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2 Replies
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Is Interest Earned To Cover The Inflation Haram?
updated 4 years, 7 months ago
3 Members
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2
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It won’t be considered riba in this case.
Please the following response:
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Please also see this response from 41:18 to 44:09
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