Is the real estate loan provided to an employee permissible, given that the employee knows the company pays the usurious interest accrued on it to the bank, and the employee pays taxes on the loan to the government?
It is not permissible for employees to take interest-based loans, because they are a party to the contract. It has been authentically reported that the one who consumes usury, its giver, its scribe, and its two witnesses are cursed, and they are equal in sin. The company does not take an interest-based loan except when an employee submits a request, thereby cooperating in sin. Therefore, employees must do without this loan.
Summarized from the full answer at Ftawy · reviewed Sep 2, 2026
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