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The question

Is it permissible to take money from usurious banks as "financial sponsorship" to fund an academic trip or student projects, and is the prohibition of usury restricted to food, drink, and clothing only?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

It is not permissible to borrow from a bank with interest (riba) to finance student projects or academic trips. This is because the prohibition of usurious transactions is general, encompassing luxuries, productive purposes, and academic endeavors, and is not restricted to consumer purposes, unless one reaches a state of necessity that permits the forbidden. As for receiving a financial grant from a bank without an obligation to repay it or pay interest on it, its ruling has been previously clarified in a prior .

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
71838
Imported
Translation status
Source text, unreviewed
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