Is a car loan forbidden if it is essential for work and the company pays the entire resulting increase?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
A loan with interest is prohibited usury, whether the company pays the increase or not, because it is a loan with stipulated interest. Usury is prohibited by the Qur’an and , and the necessity that permits usury is that which results in perishing or unbearable hardship. Buying a car is not a necessity that permits borrowing with usury; rather, it can be purchased through Islamic Murabaha or a loan without interest.
Summarized from the full answer at Ftawy · imported
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- 47869
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