What is the ruling on bank investment certificates with a fixed annual percentage, given the inability to invest the amount in other projects?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
If the investment certificates are in an Islamic bank that observes compliance, then there is no harm in benefiting from their profits, and it is a permissible investment. As for investment certificates issued by usurious banks, their system is forbidden, and it is not permissible to deal with them.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/172605
Where this answer came from
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- Ftawy
- Original fatwa ID
- 172605
- 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