What is the ruling on taking currency as a gift merely for registering with a bank?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
It is not permissible to accept a gift from the bank in exchange for transferring one's salary to it, because this falls under the rule: "Every loan that draws a benefit is usury (riba)." This is because it is considered a loan from the customer to the bank in exchange for a benefit (the gift).
Summarized from the full answer at Ftawy · imported
Read the full answer on Ftawyhttps://ftawy.com/en/questions/178283
- Source platform
- Ftawy
- Original fatwa ID
- 178283
- Imported
- Translation status
- Source text, unreviewed
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- Read the full answer on Ftawy