are fixed interest rate loans halal?
please let me know if you know any fatwas concerning this.
definition:
a fixed interest loan : A loan or mortgage with an interest rate that will remain at a predetermined rate for the entire term of the loan.
please let me know if you know any fatwas concerning this.
definition:
a fixed interest loan : A loan or mortgage with an interest rate that will remain at a predetermined rate for the entire term of the loan.