Islamic banks
Question
I see many Islamic banks charge everything like other banks, they are just changing the name. So, isn't it haraam to take a loan for a car or anything else from them?
Answer
If what you are saying is right, that they are just changing names then changing names does not make a haraam into halaal.
And Allah Ta'ala (الله تعالى) knows best.
- Answered by
- Mufti Ebrahim Salejee (Isipingo Beach)
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