Is the monthly amount deducted by the bank for banking services and stationery considered usury (riba)?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
There is no harm in the bank charging fees for opening a current account in exchange for the services provided. This fee is not usury (riba) because the bank is a debtor, not a creditor. Demand deposits are considered loans. It is permissible to open a current account in Islamic banks that adhere to principles. It is not permissible in usurious banks except out of necessity. It should be said: "What is your opinion?" instead of "What is the ruling of the religion?"
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/92421
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 92421
- 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