Is it permissible to deposit a sum of money in a bank and receive a monthly return from it, and what is the ruling on choosing an investment certificate with a variable return to avoid the suspicion of usury?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
It is permissible to invest in variable-yield investment certificates with Islamic banks if they adhere to guidelines. This is considered a (partnership) in which funds are given to the bank for investment in exchange for a percentage of the profit, without any guarantee of the principal or a predetermined profit. As for investment certificates with a fixed and guaranteed return, these are considered a prohibited usurious loan. One may inquire with specialists about the best Islamic banks for investment.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/187048
Where this answer came from
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- Ftawy
- Original fatwa ID
- 187048
- 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