Is bank financing for company employees compliant with Islamic Sharia and not considered usurious loans?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
It is permissible for the bank to grant loans to employees if they are interest-free, or if the transaction is based on , where the bank purchases a commodity and sells it to the employee for a known profit. Any other transaction must be clarified before a ruling can be made on it.
Summarized from the full answer at Ftawy · imported
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- Original fatwa ID
- 126628
- Imported
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