Is it permissible to consider money loaned to a friend as charity while keeping the bank interest to dispose of it?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
The people of knowledge have stipulated that a creditor is not permitted to waive a debt owed to him by a debtor in exchange for , especially if the debtor is destitute. By analogy, your charitable giving of the debt to your friend who is unable to pay is not sufficient to rid yourself of usurious interests, because this debt is considered hidden or of diminished value.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/73487
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 73487
- 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