Is it permissible to take a loan from an interest-based (usurious) bank to buy land due to the unavailability of an Islamic bank?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
It is impermissible to borrow from a usurious bank to pay the remaining cost of the land, for usury is among the grave prohibitions and should only be resorted to in cases of dire necessity. The absence of Islamic banks does not permit recourse to usurious banks. One can search for someone who offers a benevolent loan () or sells a commodity with profit (tawarruq) to pay the price of the land.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/118621
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 118621
- 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