❓ Question

Is interest from official state banks haram (forbidden)?

🏛️ Hanafi
📗 Ruling
🤖
AI-Assisted Islamic Jurisprudence ReviewThis answer is compiled via AI research referencing authentic Sunni fiqh literature and Diyanet standards. For binding personal legal verdicts, please consult official Islamic authorities.
Dear brother/sister, As a Muslim belonging to the Hanafi school of thought, I would like to answer your question regarding the issue of interest applied by official state banks in light of the Quran and Sunnah. In Islam, interest (riba) is definitively forbidden. Many verses in the Holy Quran command to stay away from interest. For example, verse 275 of Surah Al-Baqarah states: "Allah has permitted trade and has forbidden interest." The Prophet Muhammad (peace be upon him) also cursed those who take, give, write, and bear witness to interest in his hadiths. This general ruling also applies to the interest applied by state banks. There is no disagreement within the Hanafi school of thought that interest is haram. Although the operations of state banks may appear to be commercial activities, they are not considered permissible because their fundamental basis is to earn interest income. Therefore, taking or giving money with interest from official state banks is haram according to the Hanafi school of thought. It is advised for those involved in such transactions to turn to halal (permissible) means as much as possible. I wish you success in your steps towards earning Allah's pleasure.
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✓ Scholarly Islamic Sources & Editorial Verification📅 Scholarly Verification Date: October 2026

Jurisprudential Methodology & Sources: This ruling is derived in accordance with authentic Quranic verses, Sahih Hadith collections, classical fiqh authorities (al-Mabsut, al-Hidayah, al-Umm, Radd al-Muhtar), and reputable international Islamic scholarly consensus, followed by thorough editorial review.

⚖️ For personal, disputed legal, marital, or complex financial matters, consulting a local qualified Islamic mufti or accredited council is advised.

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