Home » Hanafi Fiqh » Qibla.com » Bank loans when there is ‘dire need’
Answered by Shaykh Faraz Rabbani
If a person is in dire need of money and he is unable to get a non-interest bearing loan having exhausted all avenues, can he take an interest bearing loan from the bank?
Walaikum assalam wa rahmatullah,
They should consult a reliable scholar about the specifics of their case: often, one’s judgment is clouded by one’s interests and circumstances and leads one to ignore or overlook genuine alternatives.
Wassalam,
Faraz Rabbani
This answer was indexed from Qibla.com, which used to have a repository of Islamic Q&A answered by various scholars. The website is no longer in existence. It has now been transformed into a learning portal with paid Islamic course offering under the brand of Kiflayn.
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