Is it haram to work and borrow at a 16% interest rate from entities funding youth projects, such as the Dakahlia Businessmen Association and the Sanabel Association?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
If the work in this association is connected to prohibited loans, then it is not permissible, in accordance with the Almighty's saying: "And do not cooperate in sin and aggression." However, if the work in it is not connected to usurious transactions and is limited to permissible aspects of work, then there is no objection, although it is better to leave it and search for another job that is free from prohibited dealings. The criterion is what the association actually practices, not the names of the individuals or entities that fund 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/73169
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 73169
- 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