Is working for a company that underwrites investment loans for unemployed people's projects permissible or forbidden, knowing that these loans involve interest?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
Loan guarantee companies are a type of insurance company, and working for them depends on the type of insurance:
- If it is commercial insurance, then it is not permissible to work for them due to it containing (excessive uncertainty), gambling, and riba (usury). This is generally the case for companies that cooperate with usurious loans.
- If the company's system is based on Takaful (Islamic cooperative insurance), then there is no harm in working for them in what is permissible.
Summarized from the full answer at Ftawy · imported
Read the full answer on Ftawyhttps://ftawy.com/en/questions/133078
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- Source platform
- Ftawy
- Original fatwa ID
- 133078
- Imported
- Translation status
- Source text, unreviewed
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