Is it permissible to take out a loan with interest from a usurious bank for a state-owned public company, knowing that the beneficiaries of this loan are the citizens and not individuals?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
Borrowing with interest is forbidden usury, regardless of the borrower or lender. The sin falls upon everyone who initiates this transaction, approves it, or assists in it, as the Prophet, peace and blessings be upon him, said: "Allah has cursed the one who consumes usury, the one who feeds it, its scribe, and its two witnesses," and he said: "They are all equal." The weakness and poverty that have befallen Muslims may be due to their involvement in usury, for Allah has threatened war against those who engage in it, and He has promised blessings to the people of faith and piety.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/40522
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 40522
- 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