Is it permissible to deposit money in a commercial, non-Islamic bank for the purpose of renewing the residency permits of domestic workers and paying their salaries?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
It is not permissible for a Muslim to take usurious interest or to benefit from it in any way, based on the Almighty's saying: (O you who have believed, fear Allah and give up what remains [due to you] of usury, if you should be believers). And whoever benefits from it has not abandoned usury, just as merely depositing money in usurious banks is impermissible due to the cooperation in sin and aggression involved.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/40705
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 40705
- 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