What is the ruling on borrowing from government banks through loans offered by the state to young people, where the state pays the interest and obligates the borrower to pay only the principal, and local imams have issued fatwas permitting it on the grounds that the banks are owned by the state and it is returning the money to itself?
For the state to undertake the payment of usurious interest on behalf of the borrower does not permit engaging in the transaction, nor does it make it permissible. The borrower's payment of the interest, whether by himself or through a representative, makes him content with usury, acknowledging it, and a cause for its occurrence.
Summarized from the full answer at Ftawy · reviewed Sep 2, 2026
Read the full answer on Ftawyhttps://ftawy.com/en/questions/178873