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?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
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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- Original fatwa ID
- 59460
- Imported
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- Source text, unreviewed
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