Repaying an old loan in exchange for interest
Machine translationRead the Arabic original
Question:
Some people say: We will pay off your old loan for your house through al-Rajhi, and we will take interest.
Answer:
This is riba (usury or interest), this is riba. They lent to them and paid it off for them, and took an increase. This is riba, and may Allah protect us from it. Yes.
Some people say: We will pay off your old loan for your house through al-Rajhi, and we will take interest.
Answer:
This is riba (usury or interest), this is riba. They lent to them and paid it off for them, and took an increase. This is riba, and may Allah protect us from it. Yes.
Source
قناة «مكة و المدينة»، 06 فتاوى على الهواء - 09 / 03 / 1433هـ _ الشيخ صالح الفوزان — youtube.com (51:44)
The Arabic text is a machine transcription of the audio recording.