What is the ruling on borrowing from usurious banks to finance an agricultural project if the government program does not provide financing except through them?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
Borrowing with interest (riba) is forbidden in Islamic law, except in cases of extreme necessity, such as when a person has no work from which to spend on himself and those he supports. Establishing projects is not a necessity that permits riba, nor is the absence of Islamic banks considered an excuse for dealing with it.
Summarized from the full answer at Ftawy · imported
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