Is the Islamic branch within a conventional bank considered an Islamic bank? | Ask Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

Is the Islamic branch within a conventional bank considered an Islamic bank?

Asked by Banky team 2 months ago
Banky team Reviewed editorial answer

An Islamic branch within a conventional bank isn't necessarily a separate entity; it's part of the bank but offers products within an Islamic framework.

Before choosing a product, review the product's structure and governance structure, not just the branch's appearance.

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