Is It Permissible to Use Islamic Banking Services to Generate Profit? – Shaykh Irshaad Sedick
Answered by Shaykh Irshaad Sedick
Question
Is it permissible to use Islamic banking services that generate profit?
Shaykh Irshaad Sedick explains the permissibility of using Islamic banking services to generate profit.
Shaykh Irshaad Sedick graduated from Dar al-Ulum al-Arabiyyah al-Islamiyyah, under the tutelage of Shaykh Taha Karaan. He received Ijaza from several esteemed scholars and has authored “The Musnad of Ahmad ibn Hanbal: A Hujjah or not?”. Shaykh Irshaad has over fifteen years of teaching experience, served as Director of the Discover Islam Centre, and Khatib at Masjid Ar-Rashideen. Currently, he leads Isnad Academy, focusing on Islamic podcasting and media, and holds a Master’s degree in Islamic studies from the University of Johannesburg.