Back to search
The question

Is it permissible to deposit 5,0 dinars with an iron merchant, on condition of receiving double the amount (10,0 dinars) as profit within six months?

Share this answer

Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

This transaction is forbidden by Islamic law. Its reality is lending a sum of money on the condition that it be returned with a known increase, and this is usury (riba). Ibn Qudamah said: "Every loan in which an increase is stipulated is forbidden, without dispute."

Summarized from the full answer at Ftawy · imported

Read the full answer on Ftawy
Source platform
Ftawy
Original fatwa ID
145961
Imported
Translation status
Source text, unreviewed
Read the full ruling
Read the full answer on Ftawy