Is the real estate loan provided to an employee permissible, given that the employee knows the company pays the usurious interest accrued on it to the bank, and the employee pays taxes on the loan to the government?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
It is not permissible for employees to take interest-based loans, because they are a party to the contract. It has been authentically reported that the one who consumes usury, its giver, its scribe, and its two witnesses are cursed, and they are equal in sin. The company does not take an interest-based loan except when an employee submits a request, thereby cooperating in sin. Therefore, employees must do without this loan.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/19841
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 19841
- 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