Are investment deposits in banks considered usury or gambling?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
Deposits in Islamic banks that adhere to controls and whose investments are permissible are lawful, and their profits are . As for usurious banks, or those that do not adhere to Sharia controls and invest in usurious transactions or prohibited activities, it is not permissible to deposit money in them for interest. Their interest is considered usury, and they may combine usury and gambling, such as investment certificates with prizes.
Summarized from the full answer at Ftawy · imported
Read the full answer on Ftawyhttps://ftawy.com/en/questions/137929
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- Source platform
- Ftawy
- Original fatwa ID
- 137929
- Imported
- Translation status
- Source text, unreviewed
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