Back to search
The question

Is an increase in the value of loaned gold considered usury if its value rises significantly upon repayment?

Share this answer

Source: FtawySummary from Ftawy's records · added here Sep 2, 20261 min readAlso available in العربية
The answer

Whoever borrowed gold must return an equal weight of gold. The difference in value does not affect this, nor is an increase in its value considered usury (riba). It is permissible to return its value in cash at the rate of the day of repayment, provided that this is by mutual agreement of both parties and the full price is paid, based on the Prophet's (peace and blessings be upon him) saying: "There is no harm in taking it at its day's price as long as you do not separate while there is still something between you," and his saying: "Gold for gold, weight for weight, like for like."

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

Read the full answer on Ftawy
Where this answer came from
Source platform
Ftawy
Original fatwa ID
19379
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