Which Islamic banks in Egypt are permissible to deal with, and are Al Baraka Bank Egypt and Abu Dhabi Islamic Bank among them?
Source: FtawySummarized from the full answer at Ftawy · imported 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 Sharia 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.
Summarized from the full answer at Ftawy · imported
Read the full answer on Ftawyhttps://ftawy.com/en/questions/157765
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- Ftawy
- Original fatwa ID
- 157765
- Imported
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- Source text, unreviewed
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