Is it permissible to take a loan from the Saudi Hollandi Bank through Murabaha, where the bank buys a commodity (rice) for 7 and sells it to the customer in installments for 9, then the bank sells it to the markets, with the possibility of seeing the commodity or selling it personally, knowing that the borrowed amount is 23,000 Saudi Riyals to be repaid as 24,000 Saudi Riyals, in addition to fixed administrative fees of 1699 Saudi Riyals, for the purpose of financing a marriage?

This program is forbidden because it is based on organized tawarruq, which is a stratagem to conceal usury (riba). In it, the customer obtains immediate cash in exchange for a commitment to pay more at a later date. The resolution of the Islamic Fiqh Academy explicitly states the impermissibility of this type of tawarruq. If the transaction were permissible, there would be no objection to the bank stipulating that the customer bears a fixed amount for administrative expenses and the like.