What is the ruling on dealing with usurious banks when Islamic banks are unavailable?
Source: FtawySummarized from the full answer at Ftawy · imported 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.
Summarized from the full answer at Ftawy · imported
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- Original fatwa ID
- 185875
- Imported
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