-
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?
-
2 Replies
-
Is Interest Earned To Cover The Inflation Haram?
updated 5 years, 6 months ago
3 Members
·
2
Replies
-
It won’t be considered riba in this case.
Please the following response:
-
Please also see this response from 41:18 to 44:09
Sponsor Ask Ghamidi
Please sponsor Ask Ghamidi so that we can continue to provide and improve this community platform.
In the last 2132 days, 9,801 registered users have posted 69,550 messages under 20,579 unique topics on Ask Ghamidi.
