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The question

Is it permissible or forbidden to build a bank on land owned by the questioner, given his need for money?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

If the bank is Islamic, then there is no harm in accepting the offer. However, if it is an interest-based (usurious) bank, then it is not permissible to accept, because that would be assisting in sin and transgression. Allah Almighty says: (And do not cooperate in sin and transgression. And fear Allah; indeed, Allah is severe in penalty).

Summarized from the full answer at Ftawy · imported

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Source platform
Ftawy
Original fatwa ID
54430
Imported
Translation status
Source text, unreviewed
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