Are the fees deducted by Faisal Islamic Bank of Egypt for withdrawing money from an ATM belonging to another bank considered usury?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
There is no harm in the bank deducting a fee for using an ATM not belonging to it, and this is not considered usury (riba). This is because it is a fee in exchange for the service of using the bank's ATM. These machines have a cost, and their owners are entitled to a fee from those who use them.
Summarized from the full answer at Ftawy · imported
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Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 116451
- Imported
- Translation status
- Source text, unreviewed
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