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The question

Is it true that Islamic banks deal with usurious banks within the same system, and therefore it is forbidden to deal with them?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

The key in dealing with banks lies in the extent of their adherence to controls in their financial transactions. If a bank observes these controls, there is no objection to dealing with it or working for it. As for the necessity for Islamic banks to deal with interest-based banks in some cases, such as dealing with the central bank, this does not prevent dealing with them or working for them in what is permissible.

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
150592
Imported
Translation status
Source text, unreviewed
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