Is it permissible to take a loan from a commercial bank whose regulations stipulate the arrangement of interest after eighteen months, with the intention of repaying it before then, for the purpose of buying something and selling it to make a profit?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
It is not permissible to borrow from the bank with the aforementioned contract due to its inclusion of an interest-based condition, even if you intend to repay the amount within the period that does not require you to pay interest. This is because it is not permissible to enter into a contract that stipulates or approves such a condition.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/35128
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 35128
- 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