Is the Saudi National Commercial Bank usurious or not?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
We do not have complete information about the Saudi National Bank, and therefore cannot issue a ruling concerning it. We advise inquiring about it from the scholars of the Kingdom. As for conventional commercial banks, regardless of their names, they are usurious banks because they are based on lending and borrowing with interest. This stipulated interest in loans is explicit, forbidden usury.
Summarized from the full answer at Ftawy · imported
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