Is it permissible to borrow money from friends to complete an online business project that involves converting between two different currencies, knowing that part of this process will involve dealing in the black market for currency exchange?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
There is no objection to borrowing to increase capital and trade in the mentioned items. There is also no objection to the partner converting the money into a currency that enables him to purchase online, as he is your agent. There appears to be no objection to establishing the company between you and borrowing to increase capital and trade in the aforementioned areas, provided that the -compliant controls for currency exchange are observed.
Summarized from the full answer at Ftawy · imported
Read the full answer on Ftawyhttps://ftawy.com/en/questions/175865
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- 175865
- Imported
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