What is the religious ruling on bank interest and investment certificates?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
It is not permissible to invest money in interest-based (riba-based) banks, and the returns they offer are forbidden because they constitute usury (riba). Similarly, investment certificates issued by interest-based banks are forbidden. However, Islamic banks that operate according to the rulings of and provide profits based on sound (profit-sharing) are permissible. Therefore, if you wish to invest your money in banks, you should choose Islamic banks whose transactions adhere to the controls of Sharia.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/166850
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 166850
- 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