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Is it permissible to open current accounts in usurious banks to facilitate receiving bank transfers from customers, with the intention of withdrawing the amounts later and depositing them in Islamic banks?

1 min readAlso available in العربية

It is forbidden to open an account in a usurious bank for the purpose of taking interest. As for opening a current account without interest, scholars have differed concerning it, and the more cautious approach is to avoid it unless there is a need. Among the needs that permit it are: safeguarding money, facilitating business transactions, or receiving salaries. A group of scholars has explicitly stated the permissibility of this when there is a need, including the Permanent Committee for Issuing Fatwas, Sheikh Ibn Baz, Sheikh Ibn Uthaymeen, and Sheikh Abdul Aziz Al-Rajhi, provided that no interest is taken.

Summarized from the full answer at Ftawy · reviewed Sep 2, 2026

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