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Is depositing money into an investment account with an unspecified interest rate at Faisal Islamic Bank of Egypt permissible (halal) or forbidden (haram)?

1 min readAlso available in العربية

It is permissible to deposit money in an investment account with a bank if the bank is known to operate according to the provisions of Sharia and has a Sharia board composed of trustworthy scholars who review its transactions.

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

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