Is bank interest permissible or impermissible? And why?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
The bank's profits are forbidden because they are the essence of usury, which Allah and His Messenger have prohibited. Allah the Almighty says: "O you who have believed, fear Allah and give up what remains [due to you] of interest, if you should be believers. And if you do not, then be informed of a war [against you] from Allah and His Messenger." The Messenger of Allah, peace and blessings be upon him, cursed the one who consumes usury, the one who feeds it, its scribe, and its two witnesses, and he said: "They are all equal."
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/49741
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 49741
- 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