Back to search
The question

What is the ruling on depositing money in Islamic banks through Murabahah?

Share this answer

Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

Perhaps the questioner is referring to investing in Islamic banks through -compliant . The answer is that if it is known that the banks adhere to Sharia regulations, then there is no harm in investing money in them through all available investment methods. However, if they are known for leniency (in applying Sharia), then it is not permissible to invest in them. The first thing a person must be keen on is to ensure the lawfulness of their earnings, for by this, their food and drink become wholesome, and their expenses and charities become accepted acts of worship with Allah the Almighty.

Summarized from the full answer at Ftawy · imported

Read the full answer on Ftawy
Where this answer came from
Source platform
Ftawy
Original fatwa ID
34568
Imported
Translation status
Source text, unreviewed
Read the full ruling
Read the full answer on Ftawy