What is the ruling on the Islamic Murabaha offered by banks that deal with usury, where the bank buys what the client wants and then sells it to him in installments?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
The basic principle is that a Muslim should deal with Islamic banks. However, if this is difficult and one can only find a usurious bank that conducts some of its transactions according to principles, such as a murabaha sale with its stipulated conditions, then there is no harm in that. It is permissible to deal with a usurious bank if it offers lower costs for the Sharia-compliant transactions it undertakes.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/36757
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 36757
- 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