Banking with non-Islamic bank

Fatawa Question

Assalamu Alaikum. As a Muslim, am I allowed to invest my money in a stock market ? If not, why ? and am I allowed to bank with non Islamic banks and if not why ?

Fatwa

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Publication Date

2001-06-20

Main Subjects

Economics & Business Administration
Financial and Accounting Sciences
Religion
Islamic Studies

Topics

Data Type

Fatawa

Language

English

Record ID

BIM-724595

American Psychological Association (APA)

Qahf, Mundhir. 2001-06-20. Banking with non-Islamic bank. .
https://search.emarefa.net/detail/BIM-724595

Modern Language Association (MLA)

Qahf, Mundhir. Banking with non-Islamic bank. 2001-06-20.
https://search.emarefa.net/detail/BIM-724595

American Medical Association (AMA)

Qahf, Mundhir. 2001-06-20. Banking with non-Islamic bank.
https://search.emarefa.net/detail/BIM-724595