What are the reasons for the prohibition of Riba (usury/interest) and to what extent do they apply to banks?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
The reasons for the prohibition of Riba (usury/interest) were discussed in Fatwa No. 35483. These reasons apply to usurious banks and do not apply to Islamic banks.
Summarized from the full answer at Ftawy · imported
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- 50173
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