What is the aspect of usury in the bank's mediation between the seller and the buyer, where the bank pays the seller the amount and records it against the buyer with an increase?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
The usurious aspect in this transaction lies in the bank paying the price of the commodity on behalf of the buyer, and then recovering it from him with an increase. This means the bank has lent him the price with interest, which constitutes usury (riba).
Summarized from the full answer at Ftawy · imported
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- Original fatwa ID
- 150843
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