Darul Iftaa Mahmudiyyah

Are there any Islamic Banks strictly following rules of Shariah operation in USA and Pakistan

· 11 Rabiʻ I 1422 AH1 min readFatwa 3115English

Question

The question text was not published separately; the title stands in for it.

Are there any Islamic Banks strictly following rules of Shariah operation in USA and Pakistan

Answer

We are not aware of Islamic Banks in the US. In Pakistan, the AlBarakah banks are supervised by the Darul Ifta, Karachi.

and Allah Ta'ala Knows Best

Mufti Ebrahim Desai
FATWA DEPT.

Answered by
Mufti Ebrahim Desai
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Source: Darul Iftaa Mahmudiyyah — https://askimam.org/public/question_detail/3115
Fatawa SA: https://fatawa.co.za/fatwa/askimam-3115

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