What is the reliable book on Islamic banking that a Muslim can use to ascertain the Islamic nature of banks when dealing with them?
First: Whoever desires to master the fiqh of financial transactions and commercial contracts, especially banking transactions, must study the chapters on transactions from the well-known books of fiqh, and then contemporary transactions, in order to connect them together to achieve a correct understanding and precise jurisprudence.
Second: It is incumbent upon whoever wishes to work in a bank to ask the people of knowledge in their country about the extent to which the bank adheres to .
Third: Whoever undertakes an act of worship or a transaction must know its rulings, and this is done through study and learning or by asking the people of knowledge.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/28098
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 28098
- 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