What is the ruling on borrowing from banks—such as Al Ahli, Al Riyadh, and Al Rajhi—for the installment purchase of cars, stocks, or metals, when there is an interest rate approaching 5% or more? Does this fall under the category of usury (riba)? And what are the available alternatives in Saudi Arabia to secure the necessary amount to complete "half of my deen" (my religion, often referring to marriage)?
If a client borrows from a bank and repays installments with interest, this is usury (riba) and is forbidden (haram). However, if the bank buys the commodity for itself and then sells it to the client in installments with a profit, there is no objection to that, provided it adheres to the Sharia-compliant conditions.
Summarized from the full answer at Ftawy · reviewed Sep 2, 2026
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