Is it permissible to take a loan from an Islamic bank for investment purposes?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
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
Read the full answer on Ftawyhttps://ftawy.com/en/questions/145034
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- Ftawy
- Original fatwa ID
- 145034
- Imported
- Translation status
- Source text, unreviewed
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