What is the ruling on taking a blessed financing loan from Arab Bank, knowing that the bank engages in usurious transactions?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
A loan with an increment is unlawful (), and names do not alter its nature. However, a loan without a stipulated interest is permissible, though dealing with usurious banks is not advisable, even if it is permissible in its origin. It is also not permissible to deposit money in a current account in usurious banks, as this is considered aiding in sin.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/56462
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 56462
- 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