What is the ruling on bank profits amounting to 16,000 EGP on an original sum of 7,000 EGP deposited in an Islamic transactional account?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
The ruling on profits from branches of interest-based banks depends on the branch's adherence to principles and its independence from the main bank. If the branch is compliant and independent, then there is no harm in benefiting from its profits. However, if it does not adhere to the rulings of Sharia and uses the Islamic description as a cover, then its profits are unlawful interest (riba) and must be disposed of by giving them to the poor, public interests, and charitable causes.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/154862
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 154862
- 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