Ruling on taking a new loan from the bank to purchase a commodity to settle the first loan

Question:
Shaykh, may Allah preserve you, I came to take a loan from the bank, and I still have six thousand and nine hundred remaining on the first loan. They told me, "We will give you a new loan to settle the first one and give you a new loan." Regarding the commodity, they said, "We will buy air conditioners for you. We do not own them. We will buy them for you from Al-Babatin and sell them to you, give you these, and charge them to you. And we will settle the first loan for you." Is this riba (usury or interest) or not? Do you have another question? Yes. Is there another question? May Allah reward you, O Shaykh. Fine, the other question, O Shaykh.

Answer:
This, my brother, this, my brother, is a deviation from the religion regarding the one in financial difficulty, and this is not permissible. Also, the bank does not own this commodity; rather, it goes and buys it after you have agreed with them, and this is not permissible. If the commodities are available with them, you may buy from them, and there is no harm. But if you conclude the contract with them and then they go and buy it, this is a matter that is not permissible. Yes.