Is it permissible to work in the Saudi National Islamic Bank, knowing that the capital is shared between the Islamic and usurious banks, and that transactions in the Islamic bank are subject to Sharia oversight?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
If the bank adheres to principles and is overseen by a recognized Sharia supervisory board known for its knowledge and piety, then there is no harm in working for it.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/48580
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 48580
- Added here
- . This is when the answer was added to El Fatwa, not the fatwa's date.
- Text
- Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
- Read the full ruling
- Read the full answer on Ftawy