What is the ruling on participating in investment funds compatible with the provisions of Islamic Sharia offered by local banks, and are they truly compatible with Sharia?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
The ruling on investment funds and their compliance with Islamic law depends on understanding the transaction. It is preferable to consult scholars in your country to clarify the Shariah ruling. If the transaction is confirmed to be compliant with Islamic law, it is still not permissible to deal with usurious banks through these funds, as this constitutes aiding them.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/50370
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 50370
- 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