-
Can I Peg The Loan Given In PK RS To US Dollar Or Gold?
People don abide by the loan duration and a 1 year loan turns into a 5 year loan. As a result with the rupee depreciation this makes it difficult to keep giving loans. Is it ok to agree on the loan term that I am giving xx dollars worth PK RS and when you give back it’s the same xx dollars or xx dollar’s worth PK Rs ? Or am I asking for RIBA here?
-
1 Reply
-
Can I Peg The Loan Given In PK RS To US Dollar Or Gold?
updated 1 year, 8 months ago
2 Members
·
1
Reply
-
It is fine, rather recommended. You are demanding the same value of your wealth and this is not Riba.
Sponsor Ask Ghamidi
Please sponsor Ask Ghamidi so that we can continue to provide and improve this community platform.
In the last 1585 days, 7,397 registered users have posted 58,128 messages under 16,153 unique topics on Ask Ghamidi.
