I took out a loan from the bank, due to difficult circumstances, because I wanted to prepare an apar
  • "It is not permissible to take out riba/interest-based loans, from the bank or elsewhere, even if that is to prepare a house for marriage, because of the definite prohibition on riba (interest) and the stern warning against it. Allah says (interpretation of the meaning):

    “O you who believe! Be afraid of Allah and give up what remains (due to you) from riba (from now onwards) if you are (really) believers.

    And if you do not do it, then take a notice of war from Allah and His Messenger but if you repent, you shall have your capital sums. Deal not unjustly (by asking more than your capital sums), and you shall not be dealt with unjustly (by receiving less than your capital sums).”

    [2:278-279]

    Muslim narrated that Jabir (may Allah be pleased with him) said: The Messenger of Allah (peace and blessings of Allah be upon him) cursed the one who consumes riba, the one who pays it, the one who writes it down and the two who witness it, and he said: “They are all the same.”

    Ibn Qudamah (may Allah have mercy on him) said: Every loan in which it is stipulated that something extra be paid is haram (impermissible), and there is no difference of opinion on this point. Ibn al-Mundhir said: They were unanimously agreed that if the lender stipulates that the borrower must pay extra or give him a gift, and he gives the loan on the basis that he will take an additional payment for that, it is riba.

    End quote from al-Mughni.

    What the one who has taken out a riba-based loan has to do is repent to Allah and regret what he has done, and he has to resolve firmly not to go back to this great sin and serious crime, concerning which there is narrated a warning such as has not been narrated concerning any other sin. We ask Allah to keep us safe and sound.

    Moreover, according to Islam you are not obliged to pay back any more than the capital; as for the haram interest, you are not obliged to pay it and it is not permissible for the lender to take it from you, because Allah says: “... but if you repent, you shall have your capital sums. Deal not unjustly (by asking more than your capital sums), and you shall not be dealt with unjustly (by receiving less than your capital sums)”.

    But if you fear harm and problems if you do not pay the interest, then pay it, and repent to Allah and feel dislike towards this great evil.

    Shaykh Salih al-Fawzan (may Allah preserve him) was asked: I borrowed one hundred pounds from one of my friends on the basis that I would pay him back one hundred and fifty. When the time to pay it back came, I tried to give him one hundred only, but he insisted on taking the extra amount of fifty pounds in return for the loan. What is the ruling on this extra amount? If this comes under the heading of riba, is there any sin on me, and how can I rid myself of it, knowing that the money that I borrowed from him has become mixed with my own money. What do I have to do?

    He replied: Allah has forbidden riba and has issued a stern warning against it. Allah says (interpretation of the meaning):

    “Those who eat riba will not stand (on the Day of Resurrection) except like the standing of a person beaten by Shaytan (Satan) leading him to insanity…

    O you who believe! Be afraid of Allah and give up what remains (due to you) from riba (from now onwards) if you are (really) believers.

    And if you do not do it, then take a notice of war from Allah and His Messenger.”"