Date of source: Saturday, July 30, 2005 to Friday, August 5, 2005
In March 1996, the courts rejected a case filed against the appointment of Muhammad Sayyid Tantāwī as Grand Imām and President of the Islamic Research Academy . This raised the question: what do people want from the Grand Imām and why are there such struggles over this role?
Date of source: Thursday, December 26, 2002
The Mufti of Egypt explains that some journalists committed mistakes in their reports about the fatwa of the Islamic Research Institute concerning bank interest. They reported that the fatwa permits bank "interest" while it permits bank "profits." They reported that the fatwa permits all ways of...
Date of source: Saturday, December 28, 2002 to Friday, January 3, 2003
The Sheikh of the Azhar believes that the best, Islamic way to deal with banks is deputyship, i.e. to authorize the bank to invest one´s money, especially if he has no time or experience in trade and investment.
Date of source: Sunday, December 4, 2005
The author argues that Islamic banks exploit Muslims’ piety.
Date of source: Monday, October 24, 2005
The author discusses a debate, aired on al-‘Arabīya satellite TV channel, concerning the thorny issue of bank interest in Islam.
Date of source: Saturday, October 22, 2005 to Friday, October 28, 2005
Khomeini’s Iran, the Taliban’s Afghanistan, Nimeiri’s Sudan and several other countries have claimed to be ruled according to Islam. Yet such ’Islamic’ rule merely led to backwardness and oppression. The elite in Egypt are terrified by the idea that a theocracy Egypt would bring a whirlpool of...
Date of source: Friday, November 5, 2004
Jurisprudential controversy over bank interest is back again with a fatwa of the Grand Imam of the Azhar saying interests are halal [lawful according to the Islamic shari’a] whether they are fixed in advance or not. However, bank interest is still a hot issue for many religious scholars.
Date of source: Saturday, October 23, 2004
Banks are all the same, regardless whether they carry the name Islamic or not. They all work in accordance with a worldwide banking system. A study conducted by a group of professors and think-tanks from the International Institute of Islamic Thought (IIIT) held that the so-called Islamic banks are...
Date of source: Friday, October 15, 2004
In reply to questions posed by AUC students, the Grand Imam of Al-Azhar, Muhammad Sayyed Tantawi, reaffirmed his fatwa that bank profits are legal in Islam (Halal), wether the interest rate is fixed or changeable according to profit and loss accounts. He added that he deposits his own money at a...
Date of source: Friday, September 6, 2002
The mufti denies reports about his intention to resign because of disputes between the Grand Imam and himself concerning fatwas related to martyrdom operations and bank deposits. He says that he works in total freedom and that he could say whatever he wants without the intervention of any official...