Is the borrower sinful if he deposits the remainder of the usurious loan amount in the same bank to obtain interest that approaches the value of the loan's interest?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
It is not permissible to deposit money in a bank and take usurious interest on it, even if it is to pay interest demanded by the bank. Dealing with usury is absolutely forbidden, and it is more severe when a person consumes usury by taking interest.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/165956
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 165956
- 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