What should a guarantor do who guaranteed a person for a loan that turned out to be usurious, while he was unaware of that, especially since the guarantor is a government employee and guarantees repayment if the borrower fails to pay?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
Whoever guaranteed a borrower with interest, unknowingly, bears no sin. He must withdraw his guarantee once he knows, because guaranteeing an interest-based loan is Islamically invalid; meaning, it is not binding and its effects are not produced.
Summarized from the full answer at Ftawy · imported
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- Ftawy
- Original fatwa ID
- 117014
- Imported
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