What is the reality of the existence of Islamic banks and how to deal with them in a Sharia-compliant manner? What are the Islamic banks in which a Muslim can invest, and can their electronic links be provided in Arabic?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
A bank's designation as Islamic depends on the sincerity of its operators in applying the rulings of , their piety, and their level of knowledge. Differences among banks arise based on these factors. It is absolutely permissible to deal with banks that adhere to Sharia controls. However, it is not permissible to deal with lenient banks except for operations that one is certain are conducted in accordance with Sharia. This can be verified through the bank's Sharia committee and the trustworthy scholars of the country.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/32194
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- Ftawy
- Original fatwa ID
- 32194
- 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