What is the ruling on interest from banks called "Islamic" when the methods of investing the money are not confirmed?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
A unified ruling cannot be issued on what are called Islamic banks, as the ruling on them varies depending on their adherence to rulings. This is because some of them have succeeded in finding an Islamic alternative in the field of banking, while others have not.
Summarized from the full answer at Ftawy · imported
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