What is the ruling on taking an interest-bearing loan from a bank, valued at 10,000 to be repaid as 12,000, for the purpose of starting a small business to provide a source of income for a family in dire need?

If the described transaction is a loan with interest, it is usurious and impermissible, unless there is a necessity that permits committing the prohibited act. This necessity refers to a state of danger or severe hardship where one fears harm to life, limb, honor, mind, or property, and it becomes incumbent to commit the forbidden act to avert the harm. An individual is most knowledgeable of their own necessity. If the necessity is genuinely present and no lawful alternative is found, then there is no blame. Otherwise, it is not permissible. However, if the transaction is a murabaha as conducted by Islamic banks, then there is no blame.