Back to search
The question

Is it permissible to take out a loan with interest from a usurious bank for a state-owned public company, knowing that the beneficiaries of this loan are the citizens and not individuals?

Share this answer

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

Borrowing with interest is forbidden usury, regardless of the borrower or lender. The sin falls upon everyone who initiates this transaction, approves it, or assists in it, as the Prophet, peace and blessings be upon him, said: "Allah has cursed the one who consumes usury, the one who feeds it, its scribe, and its two witnesses," and he said: "They are all equal." The weakness and poverty that have befallen Muslims may be due to their involvement in usury, for Allah has threatened war against those who engage in it, and He has promised blessings to the people of faith and piety.

Summarized from the full answer at Ftawy · imported

Read the full answer on Ftawy
Source platform
Ftawy
Original fatwa ID
40522
Imported
Translation status
Source text, unreviewed
Read the full ruling
Read the full answer on Ftawy