Is it true that Islamic banks deal with usurious banks within the same system, and therefore it is forbidden to deal with them?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
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.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/150592
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 150592
- 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