Explanation of the Rule: Every loan that brings a benefit is riba (usury or interest)
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Question:
I hope you will explain, Honorable Shaykh. He says: Every loan that yields a benefit is riba (usury or interest).
Answer:
Yes. The good loan is one whose intention is to be kind and meet the need of the one in need, and then he repays it. In this, there is reward and recompense from Allah, and this is the good loan. As for the investment loan, this is riba (usury or interest); it is not permissible to take interest on the loan. Neither the money nor the benefits that the lender conditions upon the borrower are permissible. This is not allowed. So every loan that yields a benefit, whatever that benefit may be, whether financial or otherwise, is riba (usury or interest), because the loan is to be good; there is no investment in it, and its intention is only to meet the need of the one in need, and then he repays it. Yes.
I hope you will explain, Honorable Shaykh. He says: Every loan that yields a benefit is riba (usury or interest).
Answer:
Yes. The good loan is one whose intention is to be kind and meet the need of the one in need, and then he repays it. In this, there is reward and recompense from Allah, and this is the good loan. As for the investment loan, this is riba (usury or interest); it is not permissible to take interest on the loan. Neither the money nor the benefits that the lender conditions upon the borrower are permissible. This is not allowed. So every loan that yields a benefit, whatever that benefit may be, whether financial or otherwise, is riba (usury or interest), because the loan is to be good; there is no investment in it, and its intention is only to meet the need of the one in need, and then he repays it. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، برنامج (فتاوى) (096) لمعالي الشيخ صالح الفوزان بتاريخ [1436-07-03] - كبار العلماء — youtube.com (18:06)
The Arabic text is a machine transcription of the audio recording.