What is the ruling on a deferred loan from a bank, such that repayment begins after the first loan is concluded?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
A loan is either a benevolent loan (), which is permissible whether it is for a deferred or immediate term, or it is a loan with a stipulated interest or benefit, which is forbidden by scholarly consensus. A bank loan with interest is religiously forbidden. Whoever is involved in it must repent, feel remorse, and resolve not to return to such a transaction.
Summarized from the full answer at Ftawy · imported
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