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﴿ فَاسْأَلُوا أَهْلَ الذِّكْرِ إِن كُنتُمْ لَا تَعْلَمُونَ ﴾

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A loan from the bank to purchase iron outside the Kingdom

Machine translationRead the Arabic original
Question:
Honorable Shaykh, may Allah grant you success. A questioner says: Is it permissible for me to take a loan from the bank? He tells me that there is iron that he will sell to me, and the iron is outside the Kingdom, and then he will buy it.

Answer:
It is not permissible unless you see the iron, take possession of it, and transport it from the seller’s location. This is not a game. He tells you, “I have iron in such and such a place,” and that is a lie. You must see the iron, you must take possession of it, and you must transport it from the seller’s location and dispose of it. Yes.
Source المنتقى من أخبار سيد المرسلين 26-06-1438 هـ — af.org.sa (1:04:40)

The Arabic text is a machine transcription of the audio recording.

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