What is the ruling on taking a loan without usurious interest, when one of its conditions is to provide a pro forma invoice for household electrical goods, knowing that there is no intention of buying these goods and that the loan will be used for other purposes? And what is the solution if it is impermissible?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
If the lending institution stipulates an invoice for the purpose of purchasing specific goods, then submitting a fake invoice and spending the amount on something other than what was stipulated is forbidden and impermissible. This is because it is considered a form of deception and fraud, and one must adhere to the condition set by the lending institution.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/174162
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 174162
- 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