The Ruling on Purchasing Goods Through a Bank

Question:
Please, go ahead. Go ahead. Peace be upon you. And upon you be peace. May Allah keep you in good health. And upon you be peace. Please, go ahead. May Allah grant you success, if Allah wills. I have a question. Please, go ahead. The question is regarding loans from the National Bank. The National Bank has a contract with a rice company. If I go to request the loan, they refer me to the company. After receiving the quantity, the company offers you two options: either sell it or take delivery of the quantity. So I want a detailed ruling on whether it is lawful or forbidden, knowing that all their procedures are merely formal, just for show, meaning on paper. Thank you.

Answer:
My brother, if the bank or any other entity has the commodity you want in its possession and you buy it from them, that is permissible. But if they refer you to people’s money and their work is merely formal, as you mentioned, then it is not permissible. Yes.