Legal Money Lenders

shahzad_14
By shahzad_14

Does anyone know any Legal Money Lenders who can give money on some interest for 6 to 12 months,

By NawabRizvi• 28 May 2024 00:53
NawabRizvi

I am looking to see, if there is anyone who can lend 10,000-30,000 riyals. I can pay it back in installments with interest or Cash will be returned within 1month with 10% interest. Usually people take a 10% interest i dont mind if it is a little higher too. I can give u my company cheque and even my original passport as security if required. This is an emergency, so please let me know 77365195

By shahzad_14• 30 Apr 2012 14:19
shahzad_14

Actually I have a friend of mine who is in Singapore and told me about all that and I did not know the concept of Money Lenders before that and that is why I asked here that is anything like that working here or not.

Now I have got another question about those Finance companies but I will search on them first

Till now thank you fellows for helping out ;)

By cherukkan• 30 Apr 2012 12:33
cherukkan

Please read as "haram in islam"

By cherukkan• 30 Apr 2012 12:31
Rating: 5/5
cherukkan

There is no money lending in Qatar other than through recognized banks. All other activities are illegal and is punishable.

Yes, giving and taking interest is haram Islam.

By anonymous• 30 Apr 2012 11:57
anonymous

please tell me, for i really dont know & would like to know.

isnt it haram for an islamic person to lend money on interest basis & by taking such money wouldnt it be haram for the other person too??

By galloper48• 30 Apr 2012 11:38
galloper48

To my understanding the only Legal lenders approved by Govt are Banks!!

Any other person or institution claiming to give loans/credits could be Illegal so you are the one to bear with the consequences.

Regards!!

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