If it is Haram or Halal whats the reasoning?
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“And for their taking interest even though it was forbidden for them, and their wrongful appropriation of other people’s property. We have prepared for those among them who reject faith a grievous punishment” (4:161)
No type of interest is halal in Islam.
It is said that eating interest is equivalent to going to war against Allah and His Rasul (saws)
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