Is it good to buy morgatge or borrow loan in Sikhism?

asked 2019-05-02 05:40:28 -0500

This post is a wiki. Anyone with karma >100 is welcome to improve it.

Waheguru Ji Ka Khalsa Waheguru Ji Ki Fateh

So my question is when we go the banks and ask them to lend us some money for any purpose, is it same as begging ?

Thanks

edit retag flag offensive close merge delete

add a comment

1 answer

Sort by » oldest newest most voted

answered 2019-05-02 09:43:24 -0500

Guruka Singh

9730 ●15 ●53 ●121

No, it is not the same. We are essentially entering into a business deal, with a contract with the bank, to borrow capital at an agreed upon interest rate and to repay the money according to an agreed schedule. Begging is simply asking for a handout with no commitment or responsibility.

edit flag offensive delete link

add a comment

Question Tools

Stats

Asked: 2019-05-02 05:40:28 -0500

Seen: 582 times

Last updated: May 02 '19

Copyright SikhNet.com, 2012 Content on this site is licensed under a Creative Commons Attribution Share Alike 3.0 license.

here is how