Legality of Investment in Western Banks


As-salaamu alaikum,

Dear brethren,
Please clarify if one can invest in western banks such as Santander, Barclays etc?

Jazakum ullah


wa `alaykum salam,

Santander are more ethical according to The ethical Consumer website. Santander are the most ethical mainstream bank. That’s all we can say – and Allahu Alam.

Imam Senad Agic
Head Imam (IABNA)
The Islamic Association of Bosniaks in North America
American Islamic Center – Chicago

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