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The question

What is the ruling on borrowing from usurious banks with a "good loan" (without interest) under conditions that include transferring one's salary and committing to provide a certain amount, so that the borrower is given an equal amount and repays it in installments?

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

It is not permissible to take a loan from a bank in exchange for transferring your salary to it or depositing money in it. This is because it is considered lending to the bank in return for obtaining a loan from it, which is forbidden by Islamic law due to the jurists' saying: "Every loan that draws a benefit is usury (riba)."

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
66520
Imported
Translation status
Source text, unreviewed
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