What is the ruling on pawning gold at the bank to buy household necessities?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
It is permissible to deal with a bank and mortgage gold with it if it does not deal with usury, in order to secure the right of the creditor with his debt, as Allah the Almighty says: "And if you are on a journey and find no scribe, then let there be pledges taken into possession." And the Prophet (peace be upon him) mortgaged his shield with a Jew. However, if the bank deals with usury, it is not permissible to deal with it, for Allah has threatened those who consume usury with war, and the Messenger of Allah (peace be upon him) cursed the consumer of usury, its payer, its scribe, and its two witnesses.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/51683
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 51683
- Added here
- . This is when the answer was added to El Fatwa, not the fatwa's date.
- Text
- Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
- Read the full ruling
- Read the full answer on Ftawy