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The question

Is it permissible to deal with an usurious bank to obtain a bank guarantee required for a license to work in religious tourism (Umrah and Hajj), if it is impossible to obtain it from an Islamic bank due to its difficult conditions (mortgaging real estate)?

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

A bank guarantee fully covered by a balance in the bank is permissible because it is considered an authorization for the bank to carry out procedures, and it is permissible for the bank to take a fee for it. There is no objection to obtaining it from a usurious bank if an Islamic bank is not available. As for a guarantee that is not fully or partially covered, it is not permissible to take compensation for it because it is considered a loan, and it is not permissible to obtain it for a fee from the bank.

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
81282
Imported
Translation status
Source text, unreviewed
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Read the full answer on Ftawy