Is it permissible to cease dealing with usury by temporarily moving from an interest-based bank to another non-interest-based bank?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
Whoever has borrowed with usury must repent to Allah and repay the principal amount without the interest, unless compelled to pay it. It is forbidden to stipulate a penalty for late payment. It is not permissible to enter into a contract that includes this condition except out of necessity or certain hardship. If the borrower believes that they will not delay repayment, it is permissible for them to borrow from another party to repay the first usurious debt and avoid paying the interest.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/15969
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 15969
- 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