Back to search
The question

Are the returns on an orphan's money deposited in a government Islamic bank permissible or forbidden?

Share this answer

Source: FtawySummary from Ftawy's records · added here Sep 2, 20261 min readAlso available in العربية
The answer

If the branch is independent of the usurious parent bank in its transactions and assets, and conducts its dealings according to Islamic , and invests its funds in permissible ways, then there is no harm in taking and benefiting from those profits. Otherwise, it is obligatory to dispose of them by spending them on the interests of Muslims and distributing them to the poor and needy.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

Read the full answer on Ftawy
Where this answer came from
Source platform
Ftawy
Original fatwa ID
99705
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