Is the return on investment certificates in Egyptian banks permissible or forbidden, and if it is forbidden, what are the available ways to invest money given the lack of experience in projects?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
Investment certificates are a loan with usurious interest, which is forbidden. All jurisprudential conferences have ruled this. It is not permissible to invest money in them, and any interest earned must be disposed of by spending it on general Muslim welfare, and money should be withdrawn from usurious banks. Money can be invested in Islamic banks through savings accounts or investment deposits based on the legitimate contract.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/120348
Where this answer came from
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- Ftawy
- Original fatwa ID
- 120348
- 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