What is the ruling on a bank waiving the debt of a deceased employee who has young children?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
If the loan is interest-based (usurious), it is forbidden. If it is a good loan (), it is permissible. If the bank is Islamic and waives the loan for the employee, there is no harm in that. However, if the bank is interest-based (usurious), the preponderant opinion is that it is permissible, though disliked (), to accept its waiving of the loan, based on the principle that waiving a debt for the debtor is a transfer of ownership that requires acceptance. Similarly, it is permissible, though disliked, to accept a gift from someone whose wealth is mixed, meaning their unlawful wealth is mixed with lawful wealth.
Summarized from the full answer at Ftawy · imported
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- Original fatwa ID
- 90871
- Imported
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