Is it permissible to borrow from banks (whether usurious or Islamic) to build a slaughterhouse, knowing that the project will be successful?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
It is permissible to deal with Islamic banks that adhere to the provisions of Islamic in buying and selling through methods such as Murabaha to the one who commands the purchase (Murabaha lil-amir bil-shira') and parallel Istisna' (manufacturing contract). There is no objection to dealing with banks like Qatar International Islamic Bank and Qatar Islamic Bank to conduct these transactions.
Summarized from the full answer at Ftawy · imported
Read the full answer on Ftawyhttps://ftawy.com/en/questions/55186
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- Ftawy
- Original fatwa ID
- 55186
- Imported
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- Source text, unreviewed
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