Taking a loan without interest and paying interest upon delay in repayment
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The second question of Fatwa No. ( 19209 )
Q2: What is the ruling on one who takes a loan without interest for a specified period, and if he is unable to repay within that period, they impose interest?
A2 : Imposing interest on a loan after the inability to repay is explicit riba (usury or interest), the riba of the pre-Islamic age of ignorance, and it is forbidden without doubt. The evidence for the prohibition of riba is abundant and well-known.
Q2: What is the ruling on one who takes a loan without interest for a specified period, and if he is unable to repay within that period, they impose interest?
A2 : Imposing interest on a loan after the inability to repay is explicit riba (usury or interest), the riba of the pre-Islamic age of ignorance, and it is forbidden without doubt. The evidence for the prohibition of riba is abundant and well-known.
Source
www.alifta.gov.sa
The Arabic text is copied verbatim from the original source, without any edits.