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: FtawySummary from Ftawy's records · added here 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.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
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- Ftawy
- Original fatwa ID
- 98478
- Added here
- . This is when the answer was added to El Fatwa, not the fatwa's date.
- Text
- Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
- Read the full ruling
- Read the full answer on Ftawy