Is it permissible to obtain a loan from the Jordan Engineers Association if the beneficiary pays a sum to the Association, and then the Association grants him a loan equal to four times the amount paid after one year, and the Association returns the original amount to the beneficiary after the repayment period ends?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
What appears is that this transaction is impermissible, and what is called a "good loan" is not so. Rather, it is an interest-based loan (riba) because it brought a benefit to the lender, and the jurisprudential rule dictates that "every loan that brings a benefit is usury (riba)."
Summarized from the full answer at Ftawy · imported
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