The Ruling On Government Loans With Low-Interest – Shaikh Abdul-Muhsin al-‘Abbad

Question: We have in the country a governmental benefit which is providing monetary loans to the youth. These loans are repaid in installments with 1% interest?

Answer: “Loans that are with interest are prohibited whether the interest is a little or a lot. Yes”.

[Sharh Sunan Ibn Majah no. 292]

Translated by

Faisal Ibn Abdul Qaadir Ibn Hassan

Abu Sulaymaan


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