• Islamic Sharia

  Is Interest Earned To Cover The Inflation Haram?

  Posted by Muhammad on October 31, 2020 at 5:05 am

  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?

  Umer replied 5 years, 11 months ago 3 Members · 2 Replies

  • Interest
  • Riba
• 2 Replies

• Is Interest Earned To Cover The Inflation Haram?

  Umer updated 5 years, 11 months ago 3 Members · 2 Replies

  Islamic Sharia

  • #Interest
  • #Riba
• 

  Umer

  Moderator October 31, 2020 at 11:50 am

  It won’t be considered riba in this case.

  Please the following response:

  Discussion 2237 • Reply 2254

• 

  Umer

  Moderator October 31, 2020 at 6:29 pm

  Please also see this response from 41:18 to 44:09

  https://youtu.be/u1KLa2jaSX4?t=2478

Sponsor Ask Ghamidi

Please sponsor Ask Ghamidi so that we can continue to provide and improve this community platform.

In the last 2272 days, 10,210 registered users have posted 71,561 messages under 21,366 unique topics on Ask Ghamidi.

Log In to Reply

• Public
• All Members
• My Connections
• Only Me

• Public
• All Members
• My Connections
• Only Me