What is the permissible and most suitable method for obtaining a loan from Al-Ahli Bank, and what is the ruling on the previous loan the questioner took, which was through the method of Tawarruq with the bank being appointed as an agent to sell the commodity?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
There is no sin upon someone who engages in a transaction that has been declared permissible for them, even if it later becomes apparent that some scholars deem it forbidden. The layman's school of thought is that of the one who issues the to him. The tawarruq conducted by banks is not all the same; some of it is permissible, and some is forbidden, which is known as organized tawarruq, because it is a trick to circumvent usury. The Islamic Fiqh Academy has issued a resolution prohibiting it.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/131351
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 131351
- 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.
- Read the full ruling
- Read the full answer on Ftawy