How can one trust a fatwa that permits Islamic finance, if the same source of fatwa had previously permitted working with commercial banks?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
Working in usurious commercial banks is forbidden because it directly involves usurious contracts or aids them. "Allah has cursed the one who consumes Riba (usury), the one who gives it, the one who records it, and the two witnesses to it," and He has prohibited cooperation in sin and aggression. However, working in financially independent branches that adhere to rulings is permissible, as in this case, it is as if it were an independent bank.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/65080
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 65080
- 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