What should a husband do with one hundred thousand Egyptian pounds? Should he deposit it in the bank to get a fixed return, or should he invest it in trade, given that he knows nothing about it, suffers from depression, and has no one he trusts to manage his money commercially?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
If the bank is an Islamic bank that deals with (profit-sharing) according to regulations, then there is no harm in depositing money with it and taking the profits. However, if the bank deals with Riba (usury), it is not permissible to deposit money with it or to take its interest. The solution is to invest the money in Islamic banks, or to seek out a trustworthy Mudarib (investor).
Summarized from the full answer at Ftawy · imported
Read the full answer on Ftawyhttps://ftawy.com/en/questions/36939
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- Original fatwa ID
- 36939
- Imported
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