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LOAN and INTEREST

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Mishmish View Drop Down
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Joined: 01 November 2005
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    Posted: 03 May 2006 at 10:09pm
***This topic has been moved to Basics of Islam***
It is only with the heart that one can see clearly, what is essential is invisible to the eye. (The Little Prince)
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cdeeq View Drop Down
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Joined: 03 May 2006
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Post Options Post Options   Thanks (0) Thanks(0)   Quote cdeeq Quote  Post ReplyReply Direct Link To This Post Posted: 03 May 2006 at 8:30pm

Assalamu alaikum, Just recently someone referred me to a loan company and I checked it out and it was good for what I wanted to do and that is I want to work as a loan officer in that company that gives out loans to people. My concern and question is, since loan companies gives out loans with interest, Is it permissible for a muslim to work  in such environment or not and what verses from the Quran and Hadiths supports this?

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