What is the ruling on working in a bank that operates under the Islamic system, yet engages in circumvention of Islamic financing formulas, and what is the ruling on the profits from deposits in this bank?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
There is no objection to remaining in the job so long as it is free from deception involving usury and assisting in it. There is no harm in depositing money in an Islamic bank for the purpose of profit, provided it adheres to the regulations for investing money.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/79326
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 79326
- 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