Are there Islamic banks that do not deal in riba (usury or interest)?
Machine translationRead the Arabic original
Question:
He asks: Are there Islamic banks that do not deal in riba?
Answer:
I do not know. They say there are Islamic banks, but I do not know about their dealings. The name is not enough; the reality is required. The reality is required. If it is true that they do not deal in riba, then they are Islamic. But if they are called Islamic only by name and they deal in riba like the other banks, the name is of no benefit.
He asks: Are there Islamic banks that do not deal in riba?
Answer:
I do not know. They say there are Islamic banks, but I do not know about their dealings. The name is not enough; the reality is required. The reality is required. If it is true that they do not deal in riba, then they are Islamic. But if they are called Islamic only by name and they deal in riba like the other banks, the name is of no benefit.
Source
قناة «العلامة الدكتور صالح الفوزان»، هل توجد بنوك إسلامية لا تتعامل بالربا؟ للشيخ الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.