Are there any pure Islamic banks in Egypt whose dealings are considered permissible, and what are these banks?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
Allah has facilitated for people ways to invest their money other than investing in banks, including (profit-sharing) with individuals or contributing to companies that invest in what is Islamically permissible and according to guidelines.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/51813
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 51813
- Added here
- . This is when the answer was added to El Fatwa, not the fatwa's date.
- Text
- Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
- Read the full ruling
- Read the full answer on Ftawy