What is the Islamic ruling regarding the fatwa issued by Al-Azhar scholars permitting bank interest?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
Allah has forbidden usury with definitive and unequivocal texts, and this is a known fact of the religion by necessity. The scholars of Al-Azhar Al-Sharif have issued fatwas prohibiting bank interest, and a to that effect was issued by the Fatwa Committee of Al-Azhar in 1989 CE. Regardless of the status of the , his fatwa cannot permit what Allah has forbidden, namely usurious bank interest.
Summarized from the full answer at Ftawy · imported
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