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Q&A · Rulings

Is bank interest (riba) haram?

Yes. The Quran explicitly forbids riba (interest/usury) and warns severely against it, whether paid or received. Islamic finance offers profit-and-loss based alternatives; for specific modern products, a qualified scholar or Islamic finance body should be consulted.

References
Quran 2:275-276
Informational, not a personal fatwa. Consult a qualified scholar for rulings on your situation.

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