Is borrowing from Islamic banks forbidden by Islamic law?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
Islamic banks, for the most part, do not offer loans. Rather, they engage in Murabaha sales for those who commission a purchase. If an Islamic bank does offer a (benevolent loan) without interest, then borrowing from it is permissible.
Summarized from the full answer at Ftawy · imported
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- Ftawy
- Original fatwa ID
- 53048
- Imported
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