Loans from banks.
Machine translationRead the Arabic original
Question:
What are the Shari'ah guidelines for obtaining a loan from banks?
Answer:
Answer: Banks do not lend except with riba (usury or interest). Banks do not lend except with riba (usury or interest), so it is not permissible. If you obtain a good loan without interest, then there is nothing wrong with it; that is good. As for banks, it is known about them, and their system is such that they do not lend except with riba (usury or interest); they invest the loan.
What are the Shari'ah guidelines for obtaining a loan from banks?
Answer:
Answer: Banks do not lend except with riba (usury or interest). Banks do not lend except with riba (usury or interest), so it is not permissible. If you obtain a good loan without interest, then there is nothing wrong with it; that is good. As for banks, it is known about them, and their system is such that they do not lend except with riba (usury or interest); they invest the loan.
Source
www.alfawzan.af.org.sa
The Arabic text is copied verbatim from the original source, without any edits.
