What is the ruling on the amount a bank charges for its services (service charge)?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
A bank is permitted to charge fees for the permissible services it provides, provided that the service does not involve usury and is something for which a fee may legitimately be taken, such as opening accounts or transferring money. It is obligatory to avoid dealing with usurious banks except in cases of necessity, such as transferring money when no Islamic bank is available.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/53676
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 53676
- 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