Ar Fa

Loan

What Are the Rewards of Helping a Believer?

One of the Shias of Imam Sadeq (AS) narrated: I was performing Tawaf (a ritual of Hajj, circling Ka’aba) in Masjid-ul-Haram,

Bank Law

To Make a Deposit to Get a Loan If one deposits money in the fund under the title of loan for a particular period, on the condition that the fund grants him loan, or if they lend him some money only after his depositing a certain amount of money with the fund, this condition amounts to ribā and is, therefore, ḥarām and invalid. However, the very loan deed is valid for both parties.

Debt & Loan

Debt Self-compensation If the debtor denies the debt owed or avoids payment without any excuse, the lender has the right to recover his debt from the debtor’s property. Of course, if there is any law in this regard, it should be observed.

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