What is the ruling on the interest from investment certificates from a usurious bank—bearing in mind the absence of Islamic banks that offer investment certificates—given that my mother sold land left by my deceased father and was compelled to place the money in these certificates due to her lack of sufficient expertise to start a project, and her brothers’ evasion of investing the money for her?
A mother's management of her orphaned children's money is a matter of scholarly disagreement. Most common investment certificates in banks are Haram (forbidden). These funds must be withdrawn from interest-based banks. If investment is necessary, it should be done in an Islamic bank whose transactions are regulated by Sharia principles.
Summarized from the full answer at Ftawy · reviewed Sep 2, 2026
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