What is the ruling on working at the National Bank of Egypt, given that it is a government bank supervised by the Ministry of Finance and the Central Bank, and what is the ruling on taking an Islamic loan from the bank's branches for Islamic transactions for the purpose of buying a house?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
It is not permissible to work in a usurious bank, especially in the field of computers. There is no difference between a government bank and any other, and the supervision of the Ministry of Finance and the Central Bank does not affect the ruling of prohibition. As for loans, what Islamic banks do is Murabaha, which is permissible if the controls are observed.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/132718
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 132718
- 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