Is it permissible, in Sharia, to take profits from an Islamic bank, given that a partnership contract for profit and loss has been signed, and am I obligated to pay zakat again if the bank handles its distribution?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
The contract between the client and the Islamic bank is a contract, in which both parties share the profit and the capital bears the loss. It is permissible for the client to take his share of the profit. If the bank undertakes to pay on behalf of the client, then the client is not obligated to pay it again.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/35514
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 35514
- 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