Is a loan with 3% interest, a rate equivalent to the inflation rate, considered an usurious and forbidden loan?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
It is not permissible to borrow from the company as long as it takes interest in return for the loan, because it is an interest-bearing loan, even if the percentage taken equals the annual inflation rate of the currency. The depreciation of the currency does not justify taking usury, and what is considered in the repayment of debt is similarity, not value.
Summarized from the full answer at Ftawy · imported
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- 49456
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