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The question

Is it permissible to take a loan from an Islamic bank for investment purposes?

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

The sacred texts warn and deter against leniency in taking on debt, except for a recognized need, lest people's money be lost. If a Muslim needs debt, they should seek only what is necessary and pursue legitimate means to obtain it, including the permissible Tawarruq according to the majority of scholars. Tawarruq involves purchasing a commodity for more than its value to sell it and obtain money. If the bank adheres to the Sharia-compliant regulations in Tawarruq, then there is no objection to dealing with it.

Summarized from the full answer at Ftawy · imported

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Source platform
Ftawy
Original fatwa ID
145034
Imported
Translation status
Source text, unreviewed
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