Is it permissible to pay off a loan from a national bank with its increased interest before the first installment is deducted from the salary?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
There is no objection to expediting the repayment of a bank loan in a single lump sum, even if the bank does not waive all or part of the profits. There is also no objection if the bank waives some of the profits without a condition in exchange for expedited payment. However, scholars have differed regarding the ruling on making such a condition from either the creditor or the debtor.
Summarized from the full answer at Ftawy · imported
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