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The question

Is it permissible to take a loan of OMR 14,0 from the armed forces with an interest rate of 2% written only on paper, but not actually taken from the borrower?

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

Building a house is not a necessity that permits borrowing with interest, as long as one can rent a house. Borrowing with interest is forbidden and is not permissible except in cases of extreme necessity.

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
70753
Imported
Translation status
Source text, unreviewed
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