Is it permissible or forbidden to deal in Murabaha and trade with Islamic banks – such as Al Baraka Bank in Algeria?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
We have no knowledge of the status of Islamic banks in Algeria, or the specific bank mentioned. However, there are previous fatwas that clarify the guidelines for a bank to be considered Islamic.
Summarized from the full answer at Ftawy · imported
Read the full answer on Ftawyhttps://ftawy.com/en/questions/42509
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- Ftawy
- Original fatwa ID
- 42509
- Imported
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