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The question

Is it permissible to transfer to an Islamic bank to pay off a usurious loan with a usurious bank?

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

We congratulate the questioner on his repentance and guidance.

It is necessary to transfer from an interest-based (usurious) bank to an Islamic bank or any institution that does not deal with usury.

It is forbidden to pay usurious interest to an interest-based bank except in cases of coercion. There is no difference between direct payment or payment through an Islamic bank.

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
51973
Imported
Translation status
Source text, unreviewed
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