Is it permissible to take out an interest-bearing loan to save an Islamic company threatened with bankruptcy? And is this considered a matter of necessity?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
Borrowing with interest is forbidden in Islamic law and is considered a major sin. It is only permissible in cases of dire necessity where, if the individual does not resort to it, they would perish or be on the verge of perishing. The presented situation does not permit borrowing with interest, and it is necessary to seek another permissible means for the company's advancement.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/72966
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 72966
- 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