Are the profits from conventional banks permissible in a non-Muslim country, given the absence of alternative employment opportunities in one's home country, and the inability of Islamic banks to provide a suitable return due to their dealings with conventional banks?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
It is impermissible to take usurious interest except in cases of dire necessity, and your situation is not one of them. You must dispose of these interest earnings by spending them on the welfare of Muslims, and withdraw your money from the usurious bank, depositing it instead in Islamic banks. Your transactions with the usurious bank are forbidden, whereas transactions in Islamic banks are permissible. You can serve Islam through da'wah (inviting to Islam) and benefiting Muslims. You can also seek guidance from people of knowledge and righteousness to direct you to the best forms of ongoing charity ( jariyah).
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/39844
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 39844
- 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