Is investing a sum of money in a bank in 1995 and receiving 10% annually considered usury, knowing that the value of the pound has significantly decreased? And what is the correct action regarding money, given the fact that "Islamic" banks in Egypt resort to stratagems to achieve the same profit rates as other banks?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
The answers to these questions have been provided in Fatwa no. 47377, Fatwa no. 49456, and Fatwa no. 48261.
Summarized from the full answer at Ftawy · imported
Read the full answer on Ftawyhttps://ftawy.com/en/questions/49693
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- 49693
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