How can financing from an interest-based bank be considered "blessed" and permissible, and does using this financing in permissible (halal) companies make it permissible?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
It is mentioned that borrowing from a usurious bank is permissible if it is without a stipulated interest, and there is no impediment to a usurious bank providing a permissible service. However, if the loan is usurious, the borrower is sinful, but if it is invested in a permissible trade, the generated profit is permissible.
Summarized from the full answer at Ftawy · imported
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- 67543
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