Permissibility of taking a loan to fund ones Hajj

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Question ID: 18313
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Assalamaualikum. Islam permits us to do hajj by taking loan from bank or any where else. I believe you read arab news.
Please check out the news about hajj loan.
kindly advice me.

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Asked on September 24, 2014 7:24 pm
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If a person has adequate co-lateral to repay the loan then only will it be permissible to take a loan.
I do not read Arab News.

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Answered on September 24, 2014 7:24 pm