What is the ruling on one who built his business on a riba (usury or interest) loan?
Machine translationRead the Arabic original
Question:
This questioner says that he built his business on a riba loan, a riba loan, and that he has obtained profits and has established a trade.
Answer:
We say that he must repent to Allah the Exalted and that he must extract the amount of the riba money. He extracts it and places it in a project, in a project that is beneficial to people, and he gets rid of it to the extent of the loan. He places it in a general project to get rid of it, along with repentance to Allah the Exalted.
This questioner says that he built his business on a riba loan, a riba loan, and that he has obtained profits and has established a trade.
Answer:
We say that he must repent to Allah the Exalted and that he must extract the amount of the riba money. He extracts it and places it in a project, in a project that is beneficial to people, and he gets rid of it to the extent of the loan. He places it in a general project to get rid of it, along with repentance to Allah the Exalted.
Source
قناة «العلامة الدكتور صالح الفوزان»، ما حكم من بنى تجارته على قرض ربوي؟ للشيخ الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.