Is it permissible to take a loan to buy a house if organizations affiliated with the state undertake to pay the interest and more, and the person only repays the principal amount?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
Usurious transactions are forbidden, whether in lending or borrowing. And whoever takes out a usurious loan and then resorts to organizations to pay off the interest on his behalf, he is involved in usury, whether he pays it himself or someone else pays it. The same ruling applies if the organization takes out a usurious loan in his name and bears the interest, because it is acting as his agent, and thus both share in the sin.
Summarized from the full answer at Ftawy · imported
Read the full answer on Ftawyhttps://ftawy.com/en/questions/17912
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- Ftawy
- Original fatwa ID
- 17912
- Imported
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