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Lying in order to get an overdraft facility

Answered according to Hanafi Fiqh by Muftionline.co.za

Q: Need your advice on another critical issue that is worrying me. I had been dealing with the banks, and have negotiated and got a credit line (Over drawing facility) approved for the company, to get this done I had told many lies to the bank (projections of business) I had done thawba with Allah for this matter, My question is … the facility comes with an interest cost, since I had negotiated this with the bank by giving them false information/lies etc… should I inform the bank about my mistakes? Or by doing thawba am I out of the problem? Please reply me on this matter as I am trying all my best to be out of these sinful things 100%.

Bismillaah

A: This entire transaction is haraam in its nature. Nabi (sallallahu alaihi wa sallam) had cursed the consumer of interest and the giver of interest and all are counted as identical. One dirham of interest is worse than fornicating over thirty times. May Allah Ta`ala protect us all from this curse. When commencing a venture with the curse of interest the best thing for you is to return all the interest and cancel the entire transaction. If for some reason the transaction cannot be canceled then ask Allah Ta`ala’s forgiveness in abundance and try your best to get away from this at the first opportunity.

الَّذِينَ يَأْكُلُونَ الرِّبَا لَا يَقُومُونَ إِلَّا كَمَا يَقُومُ الَّذِي يَتَخَبَّطُهُ الشَّيْطَانُ مِنَ الْمَسِّ ذَٰلِكَ بِأَنَّهُمْ قَالُوا إِنَّمَا الْبَيْعُ مِثْلُ الرِّبَا وَأَحَلَّ اللَّـهُ الْبَيْعَ وَحَرَّمَ الرِّبَا فَمَن جَاءَهُ مَوْعِظَةٌ مِّن رَّبِّهِ فَانتَهَىٰ فَلَهُ مَا سَلَفَ وَأَمْرُهُ إِلَى اللَّـهِ وَمَنْ عَادَ فَأُولَـٰئِكَ أَصْحَابُ النَّارِ هُمْ فِيهَا خَالِدُونَ ﴿البقرة: ٢٧٥﴾

عن جابر رضي الله عنه قال لعن رسول الله صلى الله عليه وسلم آكل الربا وموكله وكاتبه وشاهديه وقال هم سواء رواه مسلم ( مشكوٰة المصابيح ص244)

وعن عبد الله بن حنظلة غسيل الملائكة قال قال رسول الله صلى الله عليه وسلم درهم ربا يأكله الرجل وهو يعلم أشد من ستة وثلاثين زنية رواه أحمد والدراقطني وروى البيهقي في شعب الإيمان عن ابن عباس وزاد وقال من نبت لحمه من السحت فالنار أولى به ( مشكوٰة المصابيح ص245)

Answered by:

Mufti Ebrahim Salejee (Isipingo Beach)

This answer was collected from MuftiOnline.co.za, where the questions have been answered by Mufti Zakaria Makada (Hafizahullah), who is currently a senior lecturer in the science of Hadith and Fiqh at Madrasah Ta’leemuddeen, Isipingo Beach, South Africa.

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