Taking an interest-bearing loan from the bank to open a commercial shop
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The second question of Fatwa No. ( 4047 )
Q2: Is it permissible for me, according to the Shari'ah, to take a loan from the bank with interest-bearing rates, so that I can open a shop with which I can dispense with the service in such jobs that are carried out by a disbeliever?
A2: It is not permissible for you to take a loan with interest from a bank or any other source, neither for the purpose you mentioned nor for any other purpose; because a loan with interest is riba (usury or interest) that is forbidden by the Qur'an, the Sunnah, and scholarly consensus.
Q2: Is it permissible for me, according to the Shari'ah, to take a loan from the bank with interest-bearing rates, so that I can open a shop with which I can dispense with the service in such jobs that are carried out by a disbeliever?
A2: It is not permissible for you to take a loan with interest from a bank or any other source, neither for the purpose you mentioned nor for any other purpose; because a loan with interest is riba (usury or interest) that is forbidden by the Qur'an, the Sunnah, and scholarly consensus.
Source
www.alifta.gov.sa
The Arabic text is copied verbatim from the original source, without any edits.