Profit from Bank Certificates

Question
Are bank certificates with monthly or annual returns considered haram or halal, knowing that I need them?
Answer
I say, and with God's guidance: Bank certificates that have a known monthly amount are a type of usury that is prohibited by law, and what is permissible is what is considered a partnership, which is a common profit percentage as in banking transactions, and God knows best.
imam icon

Send your question to the smart assistant

If the previous answers are not appropriate, please send your question to the Mufti via