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The question

Is the interest gained from the bank or from a loan taken from it permissible or forbidden?

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

Borrowing from a bank with interest is forbidden because it is usury (riba), which is prohibited by Islamic law. Usury is a declaration of war from Allah and His Messenger. Similarly, investing money in usurious banks is forbidden because it is either usury itself or an aid to it. Whoever repents after having taken interest must dispose of it by spending it on general Muslim welfare, and it is not permissible for him to own it.

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
42351
Imported
Translation status
Source text, unreviewed
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