Is it permissible in Sharia for the bank to take a small fee for transferring the salary from Al-Rajhi Bank to the Saudi American Bank?
It is impermissible for a Muslim to deal with usurious banks and institutions, due to the assistance and encouragement this provides to those involved in usury in their wrongdoing. Allah, the Exalted, said: (And cooperate in righteousness and piety, but do not cooperate in sin and aggression). Furthermore, the Prophet, peace and blessings be upon him, cursed the devourer of usury, its payer, and its two witnesses, mentioning that they are equal in sin. Therefore, it is obligatory to avoid dealing with these banks, and Islamic institutions should facilitate their dealings with Muslims and be an aid to them in obedience to Allah.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
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- Ftawy
- Original fatwa ID
- 42531
- 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