What is a good loan?
Machine translationRead the Arabic original
Question:
He says: We would like examples of a good loan.
Answer:
A good loan is when you give a person in need a sum of money, or food, or whatever item he needs, so that he benefits from it and meets his need, and then he returns the equivalent to you. Yes, this is the loan; it is the good loan. As for a loan that involves riba (usury or interest), that is not good; it is riba. The Prophet (peace and blessings be upon him) said:Bulugh al-Maram 7:99 If the lender conditions that the borrower return it with an increase, this is forbidden by the consensus of the Muslims, and it is explicit riba. Yes.
He says: We would like examples of a good loan.
Answer:
A good loan is when you give a person in need a sum of money, or food, or whatever item he needs, so that he benefits from it and meets his need, and then he returns the equivalent to you. Yes, this is the loan; it is the good loan. As for a loan that involves riba (usury or interest), that is not good; it is riba. The Prophet (peace and blessings be upon him) said:
Every loan, which leads to a benefit, is usury.
كُلُّ قَرْضٍ جَرَّ مَنْفَعَةً فَهُوَ رِبًا
Source
قناة «العلامة الدكتور صالح الفوزان»، ما هو القرض الحسن؟ #فتاوى الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.