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Subject : What is the Ruling on Taking a Device from a Usurious Bank and later Gaining Profits out of the Former?
Fatwa Number : 1435
Classified : Usury (interest) &Loans
Fatwa Type : Summarized Fatawaa

Question :

A person bought a device through a usurious bank, and receives income from it every month after paying the bank for the price. Now the person regrets it, what should he do now?


The Answer :

This person has fallen into what is forbidden due to dealing with usury. He must repent sincerely, and whoever repents, Allah Will Accept their repentance. As for the device, there is no need to sell it. And Allah Knows Best






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