Is it permissible to take variable profits from a bank that affirms it operates by Islamic transactions and is completely separate from the usurious branch?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
One should not be deceived by the claim that Islamic banks are based on principles and regulations, and that they have a Sharia supervisory board composed of trusted scholars. It is not possible to definitively declare dealing with these branches as permissible or prohibited without understanding their methodology. If they adhere to the conditions mentioned in the following fatwas (8665, 39504, 41442), then there is no harm in dealing with them. Otherwise, safety is paramount. It is preferable for a Muslim not to deal with interest-based banks at all.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/44310
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 44310
- 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