What is the ruling on borrowing from "HSBC Qatar" Bank—which offers Islamic financing through Tawarruq and Murabahah, and buys and sells copper to the client in installments—for the purpose of investment and partially for marriage?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
True Tawarruq (monetization) is permissible for any permissible intent. However, if the bank sells equipment to the client and then, by custom or explicit agreement, undertakes to sell it again on behalf of the client, this constitutes organized Tawarruq, which resembles the prohibited Bay' al-Inah (buy-back sale).
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/113448
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 113448
- 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