The Ruling on a Loan That Carries Interest
Machine translationRead the Arabic original
Question:
He says that he took out a loan, and this loan has interest on it, O Honorable Shaykh.
Answer:
This is explicit riba (usury or interest). A loan that brings any benefit, even interest, is not permissible.Bulugh al-Maram 7:99. This is an authentic hadith from the Messenger (peace and blessings be upon him). A good loan is one for which nothing is taken in return. Yes. And there is a reward from Allah the Exalted for it. Yes.
He says that he took out a loan, and this loan has interest on it, O Honorable Shaykh.
Answer:
This is explicit riba (usury or interest). A loan that brings any benefit, even interest, is not permissible.
Every loan, which leads to a benefit, is usury.
كُلُّ قَرْضٍ جَرَّ مَنْفَعَةً فَهُوَ رِبًا
Source
قناة «مؤسسة الدعوة الخيرية»، فتاوى على الهواء الفوزان 25-01-1438هـ — youtube.com (41:15)
The Arabic text is a machine transcription of the audio recording.