Is it permissible to finance businesses with loans from usurious banks in a country where there is no Islamic bank and no other option is available?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
Dealing with usury, whether giving or taking, is among the gravest of prohibitions. Its prohibition is evidenced by the Quran, the , and the consensus of Muslims. Severe warnings have been issued concerning it, such as war from Allah and His Messenger, and it is considered one of the seven destructive sins. The Prophet, peace and blessings be upon him, cursed the one who consumes usury, the one who feeds it, its two witnesses, and its scribe. Therefore, it is not permissible to engage in usurious transactions or enter into any deal that involves it. A Muslim should seek sustenance from lawful earnings and fear Allah.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/31957
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- Ftawy
- Original fatwa ID
- 31957
- 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