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The question

Is it permissible to take a loan from a commercial bank whose regulations stipulate the arrangement of interest after eighteen months, with the intention of repaying it before then, for the purpose of buying something and selling it to make a profit?

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

It is not permissible to borrow from the bank with the aforementioned contract due to its inclusion of an interest-based condition, even if you intend to repay the amount within the period that does not require you to pay interest. This is because it is not permissible to enter into a contract that stipulates or approves such a condition.

Summarized from the full answer at Ftawy · imported

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Source platform
Ftawy
Original fatwa ID
35128
Imported
Translation status
Source text, unreviewed
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