What is the ruling on a company taking loans from a bank to finance customer projects, where the company buys equipment for the customer and the customer pays the installments directly to the bank?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
It is impermissible to deal with the company if the loan involves usury (riba), because that is considered aiding in usury, especially if the company cannot obtain the loan except by taking a copy of the customer's cards. This falls under cooperating in sin and aggression, which is forbidden in Islamic law.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
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Where this answer came from
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- Ftawy
- Original fatwa ID
- 16265
- 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