What is the Islamic ruling regarding the fatwa issued by Al-Azhar scholars permitting bank interest?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
Allah has forbidden usury with definitive and unequivocal texts, and this is a known fact of the religion by necessity. The scholars of Al-Azhar Al-Sharif have issued fatwas prohibiting bank interest, and a to that effect was issued by the Fatwa Committee of Al-Azhar in 1989 CE. Regardless of the status of the , his fatwa cannot permit what Allah has forbidden, namely usurious bank interest.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
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- Ftawy
- Original fatwa ID
- 45692
- 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