What is the ruling on a prize (car) won by a person from a bank through a savings account that yields no interest, and how should he dispose of it?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
It is not permissible to deposit money in interest-based banks except in cases of extreme necessity, provided no interest is taken. The prizes offered by interest-based banks are not a trick to make the unlawful lawful; rather, they are the very essence of usurious interest, combining usury (riba) and gambling (maysir). Whoever takes anything from them must dispose of it by spending it on charitable causes.
Summarized from the full answer at Ftawy · imported
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- Original fatwa ID
- 19632
- Imported
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