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Question about personal loan from bank

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Axxaz123 View Drop Down

Joined: 31 July 2018
Location: Pakistan
Status: Offline
Points: 3
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    Posted: 31 July 2018 at 3:26am
I wanted to ask that a family member of mine took personal loan from of 3 lac from bank using my details.The agreement made at that point was that my account will only be used to apply for the loan where as the loan amount and all the installments along with interest will be paid by her. At that time i had no idea that interest taking and giving is haram in Islam. I agreed for that , the amount was taken by her and it has been four months the installments have not been given by her , every month giving a reason of not having cash to pay installments. Since the bank has my details therefore i have to pay the installments as a compulsion or out of helplessness, as the family member is not agreeing to pay the installments and comes up with a new excuse every time.
I am very worried and want to question that since i had no idea of loan being haram and now that i have come to know it , but now i am bound to pay that .. please tell me what should i do as i am afraid of ALlah for being punished as being a facilitator in applying for loan and now also paying the installments.

Please please do guide me what should i do??
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Dr. Aslam View Drop Down
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Joined: 24 February 2018
Location: California USA
Status: Offline
Points: 156
Post Options Post Options   Thanks (0) Thanks(0)   Quote Dr. Aslam Quote  Post ReplyReply Direct Link To This Post Posted: 09 August 2018 at 5:41pm
Wa alaikum salam,
Regardless, the loan is in your name and you are liable to pay it legally, and morally. You should not have agreed to it in the first place without informing the bank about that.
The issue of haram and halal is not relevant now because you already have taken a loan in your name and you have to pay the installment with all the expenses associate with it.

Best Regards,
Aslam Abdullah
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