Posted: 19 Rajab 1430, 12 July 2009
Q.: Seeing the name of Maulana Mufti Taqi Usmani in the Shariah Board and reading his fatwa on the permissibility of Meezan Bank products, I opened a saving account with Meezan Bank Limited. Now I have found out that there is a controversy on the subject and even Mufti Taqi does not recommend the bank now.
Please guide me should I continue with the said bank or not? Where I should keep my money if even this bank is not Shariah compliant?
And Allah Ta'ala Knows Best