Are the profits from savings accounts at Qatar Islamic Bank permissible (halal) to benefit from, or is there doubt (shubha) regarding them, necessitating their disposal?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
Savings accounts in Islamic banks are based on a legitimate contract, and the profit generated from them is permissible (). One can refer to the bank's Shariah supervisory board to review the system for investing customer funds.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/105104
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 105104
- 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