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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?

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Source: FtawySummary from Ftawy's records · added here 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.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
176512
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.
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Read the full answer on Ftawy