How does one deal with banks that engage in usury?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
Most scholars are of the view that bank interest is the forbidden usury (riba) based on the texts of the Quran and , and the consensus of the Ummah. They also hold that dealing with usurious banks through borrowing or lending is prohibited, and that any differing opinion on this matter is considered an anomaly.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/64672
Where this answer came from
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- Ftawy
- Original fatwa ID
- 64672
- 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