Question: What is the ruling on subsidies provided by the government, like loans where the government pays part and the borrower pays the rest with interest?
Answer: Subsidies come in various forms, and their rulings depend on the specific circumstances. Generally, government subsidies, like those for gas or Hajj, are permissible. However, the type of subsidy you mentioned involves interest-based loans, which is not permissible.
One reason is that taking loans from interest-based banks supports riba (usury). Additionally, even with subsidy loans, interest is involved, making such loans impermissible in Islam.
Respondent: Sheikh Maqbool Ahmed Salafi Hafizahullah
Jeddah Dawah Center, Saudi Arabia
Interpreter: Hasan Fuzail
A critical look at Fazail-e-Amaal, highlighting alleged fabrications and superstitions that critics argue deviate from true Islamic teachings Read More
Discover authentic Quranic and Hadith references on Salah for pure, correct Islamic worship Read More
Discover the pivotal roles of Khadijah, Aisha, and other remarkable women who shaped Islamic history through their leadership, intellect, and… Read More
Explore Islam's core beliefs, practices, and views on modern issues through answers to frequently asked questions. Dispel myths and gain… Read More
Discover how modern Muslims can balance faith and contemporary life using the Salaf methodology. Tackle cultural integration, identity, and staying… Read More
Discover how forgiveness in Islam, guided by the Quran and Hadiths, can heal your heart and bring peace to your… Read More