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The question

What is the ruling on interest from banks called "Islamic" when the methods of investing the money are not confirmed?

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

A unified ruling cannot be issued on what are called Islamic banks, as the ruling on them varies depending on their adherence to Sharia rulings. This is because some of them have succeeded in finding an Islamic alternative in the field of banking, while others have not.

Summarized from the full answer at Ftawy · reviewed Sep 2, 2026

Read the full answer on Ftawy