He took out a loan with interest in his name for his friend, as a way of helping his friend – as he thought. Now he has repented, so does he have to transfer the debt to his friend’s name?
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He took out a loan with interest for his friend, then he repented. What should he do?
Question: 9664
Answer
Praise be to Allah, and peace and blessings be upon the Messenger of Allah and his family.
We put this question to Shaykh Muhammad ibn Saalih al-‘Uthaymeen, may Allaah preserve him, who replied as follows:
If it is possible, then he should do that, lest he be considered to approve of this, and lest he continue to help his friend deal with ribaa. And Allaah knows best.
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Source:
Shaykh Muhammad ibn ‘Uthaymeen