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The question

Is the interest resulting from a deposit in an investment bank permissible or forbidden, knowing that the bank invests these funds in commercial or real estate ventures?

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Source: FtawySummary from Ftawy's records · added here Sep 2, 20261 min readAlso available in العربية
The answer

It is permissible to invest money in Islamic banks that adhere to controls in (profit-sharing) contracts, such as not guaranteeing the capital or specifying a known profit amount, as this invalidates the contract and makes the profits usurious interest. It is not permissible to invest in non-Islamic banks that invest in forbidden things, because that is aiding in sin. A Muslim must be wary of doubtful matters concerning their wealth, for usury is stripped of blessing and is fought by Allah and His Messenger.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
102233
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.
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Read the full answer on Ftawy