What is the ruling on working for companies that guarantee loans and cooperate with usurious banks as an intermediary between the borrower and the bank?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
Companies that act as intermediaries between a borrower and a lender in usurious loans, or that guarantee the borrower for a fee, are cooperating in sin and aggression, and are Islamically forbidden. Therefore, working in such companies is impermissible.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/88006
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 88006
- 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