Are Muslims permitted to go to pawn brokers?
A Brief Description of the Question:
Salam, I would like to know about pawn brokers. I am having difficulty with my finances, so much so I might not be able to pay zakat this year. Am I able to go to a pawn broker to sell jewelry and buy it back in installments at an inflated price? the jewelry was a gift from my mother so I do not want to lose it but its the only thing of value I have to sell. I know it is haram to pay interest, but I´m desperate and can´t see any other option.
The Answer:
It is not permissible for a Muslim to go to pawn brokers. As it would be considered "Interest" then it is religiously haram.
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