Tuesday 17 Sha‘ban 1445 - 27 February 2024

Ruling on getting back a loan from interest-based money


Publication : 14-02-2010

Views : 7787


A debtor transferred his debt to an interest-based bank. Is it permissible for the lender to take what he is owed from the bank when he knows that the contract between the bank and the debtor is based on interest?


Praise be to Allah.

It may be permissible, because the lender is not a party to the interest-based transaction. But he should try to advise both parties. 

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Source: Shaykh Ibn Jibreen