Is depositing money into an investment account with an unspecified interest rate at Faisal Islamic Bank of Egypt permissible (halal) or forbidden (haram)?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
It is permissible to deposit money in an investment account with a bank if the bank is known to operate according to the provisions of and has a Sharia board composed of trustworthy scholars who review its transactions.
Summarized from the full answer at Ftawy · imported
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- 177477
- Imported
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