Is dealing with banks for partially uncovered letters of guarantee and credit facilities unlawful?
The question encompassed two matters: the first relates to letters of guarantee, and a detailed explanation concerning them has previously been provided in fatwas numbered: 44100 and 60963.
The second matter pertains to credit facilities, and what is meant by them is unclear. Perhaps the questioner intends credit cards, which have been discussed previously in fatwas numbered: 31458 and 32870.
Summarized from the full answer at Ftawy · reviewed Sep 2, 2026
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