Is it permissible to take out a loan from a bank to pay off debts, increase income, and go for Umrah, in light of difficult financial circumstances and the absence of anyone to lend?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
If the bank will lend you a loan without usurious interest, or through a -compliant transaction to obtain money, then there is no harm in that. As for a usurious loan, it is permissible to borrow with it in cases of extreme necessity, such as being threatened with imprisonment for not settling a debt, or if there is no way to obtain a benevolent loan (). However, it is not permissible to borrow with usury to increase income, or if creditors are giving you respite, or if it is possible to obtain a benevolent loan.
Summarized from the full answer at Ftawy · imported
Read the full answer on Ftawyhttps://ftawy.com/en/questions/185982
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- Ftawy
- Original fatwa ID
- 185982
- Imported
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- Source text, unreviewed
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