Which Islamic banks in Egypt are permissible to deal with, and are Al Baraka Bank Egypt and Abu Dhabi Islamic Bank among them?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
It is not possible to endorse the dealings of a specific bank. However, the general principle is that it is permissible to deal with Islamic banks in general. If there are violations or leniency in adhering to regulations by some of them, then one should not deal with them except after verifying the adherence of their transactions to Sharia. This is done by consulting trustworthy scholars who are knowledgeable about the state of these banks.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/157765
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 157765
- 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