Back to search
The question

Is it considered forbidden or usury to pawn gold for a certain amount, then reclaim it for a larger amount?

Share this answer

Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

The transaction mentioned is usury (riba), and the questioner must repent from it. It is not permissible for him to pay usury, which is the amount exceeding the original debt, due to the hadith: "Allah has cursed the one who consumes usury and the one who feeds it to others." Paying the usurious increase falls under "the one who feeds it to others." He should strive to release his pledge without paying usury.

Summarized from the full answer at Ftawy · imported

Read the full answer on Ftawy
Source platform
Ftawy
Original fatwa ID
85504
Imported
Translation status
Source text, unreviewed
Read the full ruling
Read the full answer on Ftawy