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The question

What is the ruling on participating in a business venture with those who have taken out usurious loans from banks in their personal names, and not in the name of the company?

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Source: FtawySummary from Ftawy's records · added here Sep 2, 20261 min readAlso available in العربية
The answer

It is not permissible to partner with people who have entered a company with money they borrowed through usury, because that involves introducing forbidden money into the company and assisting them in sin and transgression. However, if they entered the company with lawful money, and they have usurious dealings outside the scope of the company, then there is no harm in partnering with them, though it is more prudent to avoid that.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
44498
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.
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Read the full answer on Ftawy