What is the ruling on a financial transaction that takes place between four parties (a broker company, service companies, a buyer, and a bank), where the bank issues credit cards to buyers for them to pay the value of services at a cash price to the companies, while the buyers pay the bank in installments, and the bank pays commissions to the companies and the broker?
The aforementioned transaction is impermissible, as it is a pure usurious loan. The bank lends the patient 9,500 to be repaid by the patient as 10,0 in installments. This is a ruse to borrow with usury, and mediation in it is not allowed.
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