Is not contributing to banks a partnership, or is it usury?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
Contributing to usurious banks is forbidden (), as the contributor is a participant in and an enabler of usury. As for contributing to Islamic banks, there is no harm in it, provided they are truly Islamic in their dealings, for the criterion is based on realities, not mere names.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/67596
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 67596
- 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