Deception in Taking a Loan from the Savings Bank
Machine translationRead the Arabic original
Fatwa No. ( 14452 )
Q: I would like to take a loan from the Savings Bank, and one of the bank's conditions is that the borrower must have a property deed or a marriage certificate, and it is not hidden from you that I do not meet this condition. The question is: Is it permissible for me to seek the help of one of my brothers or others who meet the conditions, on the agreement that he gives me the amount and I pay the annual installment to him, and he in turn pays the installment to the bank, on the condition that he does not take a fee for this work? I ask for clarification and guidance.
A: It is not permissible for you to borrow in the name of another person; because of the lying involved in that. And success is from Allah, and may Allah send prayers and blessings upon our Prophet Muhammad, his family, and his Companions.
Q: I would like to take a loan from the Savings Bank, and one of the bank's conditions is that the borrower must have a property deed or a marriage certificate, and it is not hidden from you that I do not meet this condition. The question is: Is it permissible for me to seek the help of one of my brothers or others who meet the conditions, on the agreement that he gives me the amount and I pay the annual installment to him, and he in turn pays the installment to the bank, on the condition that he does not take a fee for this work? I ask for clarification and guidance.
A: It is not permissible for you to borrow in the name of another person; because of the lying involved in that. And success is from Allah, and may Allah send prayers and blessings upon our Prophet Muhammad, his family, and his Companions.
Source
www.alifta.gov.sa
The Arabic text is copied verbatim from the original source, without any edits.