What is the ruling on a loan agreement between an individual and a bank without interest, which involves a third party—the Ministry of Finance—that may or may not pay the interest to the bank?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
If the bank offers you a (interest-free loan), it is permissible for you to take it, unless you predominantly believe that the Ministry borrowed from the bank with usurious interest. In that case, it is not permissible for you to take it. A loan with interest is forbidden, while an interest-free loan is permissible, and it is an act of closeness [to Allah] and a virtue.
Summarized from the full answer at Ftawy · imported
Read the full answer on Ftawyhttps://ftawy.com/en/questions/98443
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 98443
- Imported
- Translation status
- Source text, unreviewed
- Read the full ruling
- Read the full answer on Ftawy