Is it permissible to take an interest-bearing loan from non-Islamic banks for the purpose of building a home, given the unavailability of Islamic alternatives, the urgent need for housing, and the fact that dealing with these banks is a necessity for receiving salaries and safeguarding money?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
The problems mentioned in the question are caused by straying from and replacing it with man-made laws that permit the unlawful, which feeds usurers. Dealing with usurious banks is forbidden, unless a person is forced to open a current account or rent a safe deposit box to protect their money from theft, on condition that they close it as soon as an alternative becomes available. As for borrowing from them with interest for marriage or housing, it is not permissible except in cases of extreme necessity, when lawful alternatives are unavailable.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/72648
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 72648
- 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