Back to search
The question

What is the ruling on working for an institution that grants loans with an increase ranging between 15% and 20%, and is the salary earned from this work permissible or forbidden?

Share this answer

Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

If the work of the institution is restricted to lending money with an increase to be repaid in installments, then this work is forbidden and impermissible. It is considered explicit usury (riba), which is among the gravest sins. Consequently, the salary the wife receives from this work is forbidden.

Summarized from the full answer at Ftawy · imported

Read the full answer on Ftawy
Where this answer came from
Source platform
Ftawy
Original fatwa ID
176512
Imported
Translation status
Source text, unreviewed
Read the full ruling
Read the full answer on Ftawy