Is the interest gained from the bank or from a loan taken from it permissible or forbidden?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
Borrowing from a bank with interest is forbidden because it is usury (riba), which is prohibited by Islamic law. Usury is a declaration of war from Allah and His Messenger. Similarly, investing money in usurious banks is forbidden because it is either usury itself or an aid to it. Whoever repents after having taken interest must dispose of it by spending it on general Muslim welfare, and it is not permissible for him to own it.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/42351
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 42351
- 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