Is bank financing for company employees compliant with Islamic Sharia and not considered usurious loans?
Source: FtawySummary from Ftawy's records · added here 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.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/126628
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 126628
- 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