Is it usury for a partner to withdraw amounts exceeding his salary and for his account to be charged interest on them at the bank rate?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
It is not permissible for a person to take from the company anything other than what has been agreed upon with his partners, unless they authorize him to do so. Nor is it permissible for him to calculate a fixed interest for them on that; for it is usury, even if they authorize him to do so.
Summarized from the full answer at Ftawy · imported
Read the full answer on Ftawyhttps://ftawy.com/en/questions/37163
- Source platform
- Ftawy
- Original fatwa ID
- 37163
- Imported
- Translation status
- Source text, unreviewed
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- Read the full answer on Ftawy