What is the ruling on bank interest in Islam, and is it forbidden or permissible?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
The ruling on interest from usurious banks is prohibition, because it is usury. Allah, the Almighty, says: "O you who have believed, fear Allah and give up what remains [due to you] of interest, if you should be believers. And if you do not, then be informed of a war [against you] from Allah and His Messenger. But if you repent, you may have your principal - [thus] you do no wrong, nor are you wronged."
Summarized from the full answer at Ftawy · imported
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- Source platform
- Ftawy
- Original fatwa ID
- 41024
- Imported
- Translation status
- Source text, unreviewed
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