The ruling on borrowing from the bank and giving it to another person to pay it off

Question:
May Allah reward you. We take a call from Badr in Riyadh. Go ahead, Badr. Peace be upon you, and Allah’s mercy and blessings. And upon you, peace. Shaykh, I have just one question. Is it permissible to take a loan from the bank and give it to someone else to pay it off, where the contract is in my name? For example, the bank lends a hundred thousand, and the repayment amount comes to one hundred and ten thousand, with an increase. Is it valid for me to receive it and give it to him so he pays it off, or is it not permissible, Shaykh?

Answer:
Yes. Repeat the question, Badr. Is it permissible for me to take a loan from the bank and give it to someone else to pay it off? You take a loan from the bank and give it to another person to pay it off. Yes, that is right. Is the situation clear? He asks: Is it permissible for us to take… Yes, yes, Shaykh, yes, yes, yes, this is the matter. I take a loan from the bank and give it to someone else to pay it off, Shaykh. Is it permissible? Is it permissible for a person to take a loan from the bank and give it to another person to pay it off, Shaykh? Giving it to another person, this money that he took, on the condition that he pays it off to the bank, means he has lent it to him. This means he has lent it to him. So the borrower pays the bank. Yes.