Author: Dr. Muhammad Zia-ur-Rahman Azmi (رحمه الله)
The Ruling on the Interest Banks Take from Borrowers
The interest that banks take from borrowers and the interest they give to those who deposit their money with them—these all constitute interest (usury). The prohibition of interest is established by the Qur’an, Sunnah, and consensus (ijma) of the scholars.
[اللجنة الدائمة: 3197]
The Ruling on the Interest Banks Take from Borrowers
The interest that banks take from borrowers and the interest they give to those who deposit their money with them—these all constitute interest (usury). The prohibition of interest is established by the Qur’an, Sunnah, and consensus (ijma) of the scholars.
[اللجنة الدائمة: 3197]
