The Ruling on Borrowing from Banks
Machine translationRead the Arabic original
The questioner:
Saud from Riyadh, please go ahead, Saud. Peace be upon you. And upon you be peace.
The Shaykh:
the sunnah.
The questioner:
May you be well every year, Shaykh.
The Shaykh:
And may He keep us and you in goodness.
The questioner:
Shaykh, I have two questions. The first question is regarding loans from banks. If a person does not know the amount he is borrowing, what is the ruling, Shaykh?
The Shaykh:
My brother, banks do not lend except with riba (usury or interest). It is not permissible to borrow with riba, neither from banks nor from anyone else, as stated in the hadithBulugh al-Maram 7:99.
The questioner:
Do you have a recommendation for a bank or a specific bank?
The Shaykh:
We do not know of any banks that do not deal in riba. If you know of an Islamic bank that does not deal in riba and lends a good loan without interest, there is no harm.
The presenter:
Thank you,
Saud from Riyadh, please go ahead, Saud. Peace be upon you. And upon you be peace.
The Shaykh:
the sunnah.
The questioner:
May you be well every year, Shaykh.
The Shaykh:
And may He keep us and you in goodness.
The questioner:
Shaykh, I have two questions. The first question is regarding loans from banks. If a person does not know the amount he is borrowing, what is the ruling, Shaykh?
The Shaykh:
My brother, banks do not lend except with riba (usury or interest). It is not permissible to borrow with riba, neither from banks nor from anyone else, as stated in the hadith
Every loan, which leads to a benefit, is usury.
كُلُّ قَرْضٍ جَرَّ مَنْفَعَةً فَهُوَ رِبًاThe questioner:
Do you have a recommendation for a bank or a specific bank?
The Shaykh:
We do not know of any banks that do not deal in riba. If you know of an Islamic bank that does not deal in riba and lends a good loan without interest, there is no harm.
The presenter:
Thank you,
Source
فتاوى على الهواء 21-12-1435هـ — alfawzan.live (54:51)
The Arabic text is a machine transcription of the audio recording.