Is taking a loan from a bank to establish a company permissible or forbidden?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
If the loan involves interest, it is forbidden to take it for the aforementioned purpose, because dealing with usury is one of the major sins, and it is not permissible except in cases of dire necessity. The Prophet, peace and blessings be upon him, said: "Usury, even if it is much, its outcome is to कमी (decrease)," and "No one increases in usury except that the outcome of his affair is to कमी (decrease)." And whoever gives up something for the sake of Allah, Allah will compensate him with something better.
Summarized from the full answer at Ftawy · imported
Read the full answer on Ftawyhttps://ftawy.com/en/questions/151011
- Source platform
- Ftawy
- Original fatwa ID
- 151011
- Imported
- Translation status
- Source text, unreviewed
- Read the full ruling
- Read the full answer on Ftawy