What is the ruling on opening a current account and an investment account at Samba Bank, knowing that the minimum balance requirement for the investment account is 50,000 riyals, unlike Al-Rajhi Bank which requires 200,000 riyals?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
If "Samba" institution abides by regulations and does not deal in usury, then it is permissible to open a current or investment account with them. However, if it deals in usury, then it is not permissible to open any type of account with them, due to it being cooperation in sin and aggression, and participation in forbidden acts. The questioner is advised to consult the scholars of his country to verify the dealings of this institution.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/69938
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 69938
- Added here
- . This is when the answer was added to El Fatwa, not the fatwa's date.
- Text
- Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
- Read the full ruling
- Read the full answer on Ftawy