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The question

Is a bank loan with interest considered usury, given the unavailability of Islamic banks and the need to repay debts?

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

A loan with an increase is a type of forbidden usury (riba). What the questioner mentioned, regarding the absence of Islamic banks or the difficulty in settling debts, is not a justification for committing this grave sin. What is incumbent upon her now is to annul the contract and return the money to the bank if possible. Otherwise, she should repay her debt and repent to Allah, resolving not to return to this disobedience, bearing in mind that she is only required to return the principal amount without the interest.

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
45485
Imported
Translation status
Source text, unreviewed
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