What is the ruling on a millionaire's testimony, knowing that it is affiliated with an Islamic bank?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
The ruling on the Millionaire Certificate is a branch of understanding its reality and the conditions for its eligibility with the aforementioned Islamic bank. The mere fact that the bank raises the banner of Islamization does not mean that all its transactions are permissible; rather, they must be presented to the controls of . Previous fatwas have been issued regarding the Millionaire Certificate issued by some usurious banks to attract customers. For more information, please refer to fatwas number 38093 and 71572.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/111875
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 111875
- 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