Back to search
The question

Is the borrower sinful if he deposits the remainder of the usurious loan amount in the same bank to obtain interest that approaches the value of the loan's interest?

Share this answer

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

It is not permissible to deposit money in a bank and take usurious interest on it, even if it is to pay interest demanded by the bank. Dealing with usury is absolutely forbidden, and it is more severe when a person consumes usury by taking interest.

Summarized from the full answer at Ftawy · imported

Read the full answer on Ftawy
Source platform
Ftawy
Original fatwa ID
165956
Imported
Translation status
Source text, unreviewed
Read the full ruling
Read the full answer on Ftawy