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: FtawySummary from Ftawy's records · added here 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 (). Whoever takes anything from them must dispose of it by spending it on charitable causes.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/19632
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 19632
- 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