Is it permissible to take personal loans from Islamic banks, such as the Qatar International Islamic Bank?
What we know is that Islamic banks offer Murabaha financing to a party who commissions a purchase, and this is a permissible transaction. As for personal loans, where usurious banks pay money to a customer for him to return it with interest, these are forbidden usurious loans, especially if the contract includes an increase for delayed payment.
Summarized from the full answer at Ftawy · reviewed Sep 2, 2026
Read the full answer on Ftawyhttps://ftawy.com/en/questions/148627