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loan from bank

Moderator: ImraanMGSaleh

2 posts

2 posts

loan from bank#21039

By Insaan - 06 Aug 2021, 19:29

- 06 Aug 2021, 19:29 #21039

Is it allowed to take loan from a bank that takes interest?

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Username: Insaan
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Re: loan from bank#21129

By ImraanMGSaleh - 30 Sep 2021, 19:17

- 30 Sep 2021, 19:17 #21129

بسمه تعالى

It is permissible to take the money from a bank that is financed by non-Muslim government or private funds but not with the intention of loan. The knowledge that the bank will sooner or later force him to pay the capital as well as the interest does not affect [the lawfulness of] his taking the money.