Mufti Online — Madrasah Ta'leemuddeen

Is the FNB Islamic Term deposit accepted to use?

Published as FNB Islamic Term deposit

· 13 Jumada II 1447 AH1 min readEnglish

Question

Is the FNB Islamic Term deposit accepted to use?

Answer

We have not found any Islamic bank till today whose workings and operation conforms to the Shariah.

And Allah Ta'ala (الله تعالى) knows best.

Answered by
Mufti Zakaria Makada
Checked & approved by
Mufti Ebrahim Salejee (Isipingo Beach)
View original Compare with other Darul Iftas
Questions about this ruling, answered only from the archive with sources.

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Source: Mufti Online — Madrasah Ta'leemuddeen — https://muftionline.co.za/node/36440
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