What is the ruling on transferring one's salary to an interest-based bank for the purpose of taking out a loan to improve dire living conditions?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
It is impermissible to transfer one's salary to a usurious bank for the purpose of taking a usurious loan, because this falls under forbidden usury (riba). Improving one's condition and livelihood should not be achieved through what Allah has forbidden. Usury is one of the seven destructive sins for which Allah has threatened war against its perpetrator. The Prophet, peace and blessings be upon him, cursed the one who consumes usury, the one who feeds it, its two witnesses, and its scribe.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/99800
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 99800
- 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