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The question

What is the ruling on taking money from a bank as an advance salary with additional interest and installment payments? And what should one do if the ruling is that it is usury (riba)? And what is the ruling on one who followed the fatwas of some scholars permitting this?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

If the question is about taking interest-bearing loans from a company or a bank, these loans are impermissible because they involve usury (riba).

As for the scholars who issue fatwas permitting dealings with commercial banks, we have clarified the ruling on following their fatwas in previous rulings.

Summarized from the full answer at Ftawy · imported

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Source platform
Ftawy
Original fatwa ID
68561
Imported
Translation status
Source text, unreviewed
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