Re: Question regarding Mortgage???????
and if that $1000 were spent on a business, should I get a share in the profit? Is Loaning = investing?
Peace Robert
In Islam these two are different things. If a loan was given on the basis of a term fixed pay back then that is what it should be. If investment money was given then the profit should have been agreed in the initial contract, in which case possibilty of loss will also be there too.