What is the ruling on a religious family borrowing 3.5 million US dollars from a bank at 10% interest to finance real estate projects aimed at providing high-quality housing at affordable prices and employing the unemployed, despite their small capital and their desire to do good?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
Borrowing with interest is impermissible, for the end does not justify the means. One must repent to Allah and cease borrowing from usurious banks.
Summarized from the full answer at Ftawy · imported
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- Original fatwa ID
- 33901
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