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The question

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?

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

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.

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
72966
Imported
Translation status
Source text, unreviewed
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