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The question

Are bank profits permissible if they are intended for investment and not for lending to the bank?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

Depositing money in usurious banks is lending with interest, and the intention of investment does not change that, because it does not transform the unlawful into the lawful. Real investment is achieved by developing wealth through trade and speculation, whereas usurious banks deal only in debt, borrowing and lending with interest, which does not benefit society.

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
49685
Imported
Translation status
Source text, unreviewed
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