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The question

What is the ruling on dealing with a notary public who drafts a loan contract in exchange for mortgaging bonds, without mentioning the interest therein, and what is the ruling on the money earned from assisting the notary public in this transaction?

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

Borrowing with interest (riba) is forbidden, as is assisting in it. Bonds are usurious loans, forbidden whether in terms of issuance, purchase, or trading, and regardless of whether they have interest, zero-coupon, or prizes. One must repent and dispose of what resulted from this forbidden assistance by distributing it to the poor or spending it on general Muslim welfare, while advising the notary public not to authenticate forbidden transactions.

Summarized from the full answer at Ftawy · imported

Read the full answer on Ftawy
Source platform
Ftawy
Original fatwa ID
190896
Imported
Translation status
Source text, unreviewed
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