Are loans from businessmen's associations permissible or forbidden?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
We do not know the nature or regulations of the associations mentioned. However, if the loan is free of prohibited interest and does not entail a stipulated benefit for the lender, then it is a permissible and commendable good loan, as the Lawgiver encouraged it and promised great reward for it. But if it involves interest or entails a stipulated benefit, then it is not permissible, as it constitutes usury.
Summarized from the full answer at Ftawy · imported
Read the full answer on Ftawyhttps://ftawy.com/en/questions/101050
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- Ftawy
- Original fatwa ID
- 101050
- Imported
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- Source text, unreviewed
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