What are the violations of the Islamic bank?

The questioner : Regarding the session on the Islamic bank, I frankly know that it is based on a doubtful matter, but what are the proofs against this doubt? I do not have details on it. If possible, for the sake of the session that will be held after a week, or this is for the responses to them.

The Shaykh : What is the lesson that is memorized... You need to attend many sessions and understand the subject from every angle so that you can argue, meaning, with those who defend the Islamic bank... The important thing is that the Islamic bank is first based on rulings that are not derived from the Book and the Sunnah, but rather are issued based on reliance on the opinions of some jurisprudential views. Yes, leave it alone, what do we do? The Islamic bank and Islamic banks in the entire Islamic world are not based on the Book and the Sunnah, they are not based on the jurisprudence of the Book and the Sunnah, but rather it is based on the jurisprudential school (madhhab).

The questioner: Yes.

The Shaykh : And the difference is that there are people in all the Sharia rulings that have multiple aspects, revolving between the opinion of prohibition, dislike, permissibility, and even obligation. One might say this is permissible, and another might say this is forbidden, and another might say about this forbidden thing that it is actually obligatory. So if a Muslim person wants to circumvent the rulings of the Sharia, he will find an exit from every ruling he does not like, relying on the jurisprudential opinions. And peace be upon you.The Shaykh : It is present, but your voice is missing. I say the Shaykh is present and your voice is missing. Your voice is not heard. Is it not you? For the third time you called. Well, every time we wait and listen for the voice and we do not hear a voice. Now we hear the voice with extreme difficulty. Therefore, we ask you to change your device. Peace be upon you. I understood this remark. To confirm this, I say that one of the rulers or princes or kings who were in Egypt, or in Egyptian expression, the Khedives, said he wanted to enact a law, to establish a system that he would derive from various terrestrial laws. So one of the Shaykhs of al-Azhar said to him, "Put whatever you want, choose whatever you want from these laws, and I am upon it to support them with Islamic jurisprudence." And this is correct; it is possible, of course, but legally it is not permissible. For example, if he wants to put in personal status laws that a woman, a virgin girl, if she reaches the age of maturity, has the right to marry herself to whom she wishes and does not care about the permission of the guardian. Why? Because this is the Hanafi school, even though the Sunnah says: . For example, they want the man to have the right to enjoy his wife from her rear. He will find an opinion narrated from Imam Malik that it is permissible, and the authentic Sunnah says: .

The Shaykh: Yes.

The questioner: Peace be upon you.

The Shaykh : And peace be upon you. The voice is not clear.

The questioner : ... The telephone seems to have disconnected. The telephone.

The Shaykh : No, the telephone did not disconnect.

The questioner : The telephone is stable, stable.

The Shaykh : I understood this last example. He wants a law permitting songs. He takes this from the treatise of Ibn Hazm. And so, he wants to permit wine. Do you know wine?

The questioner : Wine, yes.

The Shaykh : Wine is the intoxicant extracted from other than grapes. He drinks as much as he wants as long as it does not intoxicate. This is the Hanafi school. And so, Islam becomes like terrestrial laws, with no rule they adhere to. And upon that, the so-called Islamic banks were established. There are opinions that permit installment sales. They adopt this opinion. And this, unfortunately, is much better than the opinions mentioned previously, because it is said by respected and honored scholars, and so on. But it is contrary to the authentic Sunnah on one hand, and contrary to the legislative wisdom in the prohibition of riba on the other hand, and contrary to the texts that forbid Muslims to go back and forth and circumvent what Allah has forbidden of rulings. And then comes the role of the Islamic bank, whose matter has been exposed and whose stench has come out with its customers, who openly state that there is no difference between their dealings and the dealings of the British bank. Where one of them wants to agree with the Islamic bank to bring... a device from Europe. He makes a precise calculation: this is its price from Europe, so many dollars, and its transport from Europe to Oman, so many dollars. And finally, the profit for us is so much, added. Well, the total is, for example, five thousand. Yes, yes.

The questioner: Peace be upon you.

The Shaykh : Oh brother, change the device. May Allah guide you. Change this device. You want to tire us. It was established that the total the customer wants to pay is five thousand dinars over six months. He said to him, "I cannot do it except after a year." It became five thousand and five hundred. Well, what are these five hundred for? Riba. They put five hundred before five hundred. This is for six months, but when six more months were added, they added another five hundred. So it is a riba transaction. But they do not fail to find someone to issue a fatwa of permissibility for them, from among these doctors who studied comparative jurisprudence. So-and-so said this, and so-and-so said that, and so-and-so said that. Then a right is lost between the saying and the saying.

The questioner : ... They take opinions.

The Shaykh : They take from every opinion what suits them, and especially they say to the people... make it easy for the people... Oh Allah, the Generous... after.

The questioner : ... Shaykh... tell him, Shaykh... tell him, the city... Did you not say to him this? He said... he did not specify.