The Ruling on Establishing Islamic Banks
Machine translationRead the Arabic original
Question: What is your opinion regarding an Islamic bank that does not deal in riba (usury or interest)?
Answer: It is obligatory for Islamic governments and Muslim merchants to establish Islamic banks so that Muslims may be safe from riba (usury or interest).
Answer: It is obligatory for Islamic governments and Muslim merchants to establish Islamic banks so that Muslims may be safe from riba (usury or interest).
Source
binbaz.org.sa
The Arabic text is copied verbatim from the original source, without any edits.