Q: Is it obligatory to take out a loan in order to buy the udhiyah?.
A: Praise be to Allah.
Shaykh Ibn Baaz (may Allah have mercy on him) said:
|"There is nothing in the shar'i evidence to indicate that it is obligatory. The view that it is obligatory is a weak view." Majmoo' Fataawa Ibn Baaz, 18/36|
Moreover, those who say that it is obligatory state that being rich is a condition of it being obligatory.
See Haashiyat Ibn 'Aabideen, 9/452.
According to both opinions - the view that it is obligatory and the view that it is mustahabb - there is no need to take out a loan in order to buy the sacrificial animal, because it is not obligatory for one who is not rich, according to scholarly consensus.
Then there remains the question: is it mustahabb to take out a loan or not?
The answer is that it is mustahabb to take out a loan if there is the hope that one can pay it back, such as if a person has a job and takes out a loan until he gets his salary at the end of the month. But if there is no hope of paying it off, then it is better not to take out a loan, because then he is taking on a commitment for something that he is not obliged to do.
Shaykh al-Islam Ibn Taymiyah (may Allah have mercy on him) was asked about a person who is not able to offer the udhiyah - should he take out a loan?
|"If he can repay and he takes out a loan so that he can offer a sacrifice, that is good, but he is not obliged to do that." Majmoo' al-Fataawa, 26/305.|
However, Ibn Taymiyah (may Allah have mercy on him) was of the view that it is obligatory.
Shaykh Ibn Baaz (may Allah have mercy on him) was asked: Is the sacrifice obligatory for one who cannot afford it? Is it permissible to buy the sacrifice on credit until a person gets his salary?
|"The sacrifice (udhiyah) is Sunnah and is not obligatory... there is no sin on a Muslim taking out a loan to offer the sacrifice if he is able to repay it."|
Source: Islam QA - Fataawa Ibn Baaz, 1/37.