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The question

Is it true that all banks are unlawful – whether interest-based or Islamic – due to their dealings with one another? And does that mean the loss of future for an accountant graduated from a Faculty of Commerce, who is not permitted to work for interest-based companies?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

Islamic banks are those that adhere to the regulations of Islamic Sharia and do not transgress them. As for interest-based (riba-based) banks, they are those that practice usury (riba) or contracts forbidden by Islamic law, and it is not permissible to deal with them. The dealings of Islamic banks with interest-based banks do not strip them of their Islamic character if such dealings are limited to what is permissible. A specialization in accounting does not necessitate working in interest-based institutions, as Islamic alternatives are available.

Summarized from the full answer at Ftawy · imported

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Source platform
Ftawy
Original fatwa ID
59460
Imported
Translation status
Source text, unreviewed
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