What is the ruling on dealing with usurious banks when Islamic banks are unavailable?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
It is not permissible to invest money in usurious banks, for usury is forbidden both to take and to give. The Messenger of Allah, peace and blessings be upon him, cursed the one who consumes usury, the one who feeds it, its scribe, and its two witnesses. It is advised to invest in (lawful) ways, such as trade or (profit-sharing) in Islamic banks.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/185875
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 185875
- 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