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Grand Mufti Explains Bank Work Rules
The Secretary of the Fatwa Department at the Egyptian Dar al-Ifta, Sheikh Ahmad Wasam, clarified that working in banks is considered legally permissible. Banks engage in transactions that are allowed, based on mutually beneficial exchanges, and are not related to loan contracts involving interest. This is supported by studies from major religious institutions, which have confirmed that dealings with banks fall within permitted transactions according to Shariah, provided that financial activities adhere to the principles of legitimate contracts.
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