Is it permissible to deal with Faisal Islamic Bank of Egypt, and if not, what are the legitimate Sharia-compliant alternatives available in Egypt?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
We cannot rule on the bank mentioned due to lack of knowledge about its true nature, and there is no known legitimate Islamic banking institution in Egypt. One must deal with those who adhere to the rulings of Islamic .
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/34767
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 34767
- 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