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The question

Is it permissible to take a loan from the Islamic Bank in Hebron to build a house, knowing that it deals with legitimate Islamic transactions?

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Source: FtawySummary from Ftawy's records · added here Sep 2, 20261 min readAlso available in العربية
The answer

It is permissible to seek financing from an Islamic bank if it adheres to the -compliant regulations in its financial transactions, provided that the transaction is free from prohibitions and that the contract is genuine, not a disguise for usury. We cannot pass judgment on the aforementioned bank due to a lack of knowledge regarding its internal system. However, it is possible to distinguish between genuine adherence to Sharia principles and a mere claim of Islamization through Sharia-compliant regulations. One can inquire about this from trustworthy scholars in that particular location.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
108738
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.
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Read the full answer on Ftawy