Is it permissible to take a bank loan with an interest-bearing rate?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
It is not permissible for a Muslim to borrow with interest; for every loan that draws a benefit is usury (riba), and the Prophet, peace and blessings be upon him, cursed the one who consumes riba, the one who pays it, its scribe, and its two witnesses.
Summarized from the full answer at Ftawy · imported
Read the full answer on Ftawyhttps://ftawy.com/en/questions/42823
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- Ftawy
- Original fatwa ID
- 42823
- Imported
- Translation status
- Source text, unreviewed
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