Is it permissible to use the profits or returns from an Islamic bank to cover basic needs or to pay imposed residency fees, and how can one dispose of them in a Sharia-compliant manner?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
The benefits granted by Islamic banks as a result of investing deposits through legitimate and similar systems are lawful profits, and it is permissible to utilize them for all permissible needs, such as food, clothing, and paying fees.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/136067
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 136067
- 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