What is the ruling on bank prizes in Iran, given its claim to implement an Islamic economic system, and what should a Muslim do if he wins one through a lottery?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
If prizes are obtained as a result of dealing with a bank through current accounts, savings accounts, or speculative investments, then these prizes are not permissible, even if the bank is Islamic. The winner must return the prize to the bank if it is Islamic. However, if it is not Islamic, the winner should spend it on matters benefiting Muslims, such as the poor and needy, and building hospitals and schools.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/62520
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 62520
- 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