Is it permissible to utilize investment certificates issued by a bank that classifies itself as an Islamic bank, and is the unspecified profit generated from them considered halal?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
The fundamental principle concerning transactions in Islamic banks is their validity and soundness. If a person has any doubts about a specific transaction, they should refer to the Sharia Supervisory Board within the bank itself to inquire about the fulfillment of Sharia requirements in the contract or transaction.
Summarized from the full answer at Ftawy · imported
Read the full answer on Ftawyhttps://ftawy.com/en/questions/185904
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- Ftawy
- Original fatwa ID
- 185904
- Imported
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- Source text, unreviewed
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