What is the ruling on bank interest resulting from depositing the monthly salary granted by the university into a bank that deals with usury, and what should be done with it if it is unlawful?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
We mentioned previously that it is not permissible to transfer one's salary to an interest-based bank except out of necessity. It is preferable for the account to be a current account to avoid usurious interest. Money should not be left in the bank more than what is needed, and if usurious interest is accrued, it must be disposed of by spending it on the interests of Muslims or giving it to the poor and needy. The priority is to meet the needs of the poor among Muslims with it. It is permissible to give this interest to a nearby mosque, and that is better than giving it to non-Muslim poor.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/108593
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 108593
- 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