What is the ruling on depositing a trust fund in an Islamic bank as an investment for a specific period and then receiving profits from it?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
This type of image is called (profit-sharing) and not a deposit. There is no religious prohibition against it, as long as the transactions are conducted with Islamic banks, because they are free from religious prohibitions. Islamic banks are subject to oversight, which inspires confidence.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/38485
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 38485
- 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