What is the ruling on keeping money in an Islamic bank under the current circumstances versus returning it to a conventional bank for ease of disposal?
It is not permissible to deposit money in a usurious bank, because it aids the bank in its usurious transactions. However, if there is a fear of the money being lost, stolen, or confiscated, it is permissible to place it in a current account that yields no interest.
Summarized from the full answer at Ftawy · reviewed Sep 2, 2026
Read the full answer on Ftawyhttps://ftawy.com/en/questions/97313