What is the ruling on working in Islamic banks that deal with the usurious Central Bank?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
Islamic banks' dealings with the the central bank do not involve usury (riba), and deposits there do not accrue interest. The relationship of these banks with the central bank is limited to Sharia-compliant aspects such as auditing and oversight. Dealing with it is obligatory, so the one dealing with it is considered to be in a state of necessity, as long as it neither gives nor takes usury, nor aids in it.
Summarized from the full answer at Ftawy · imported
Read the full answer on Ftawyhttps://ftawy.com/en/questions/50618
- Source platform
- Ftawy
- Original fatwa ID
- 50618
- Imported
- Translation status
- Source text, unreviewed
- Read the full ruling
- Read the full answer on Ftawy