Is the questioner sinful for joining a housing cooperative that deposits its money in the bank and takes interest on it, knowing that he has no role in its management? If he is sinful, how can he avoid it? And what should he do if his request to withdraw and retrieve his money is refused?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
One must immediately withdraw from this usurious cooperative, and retrieve the money if possible. Otherwise, it is obligatory to निकाल (remove/take out) an amount equivalent to the percentage of the illicit money in the share and spend it on public welfare or for those in need.
Summarized from the full answer at Ftawy · imported
Read the full answer on Ftawyhttps://ftawy.com/en/questions/139172
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- Ftawy
- Original fatwa ID
- 139172
- Imported
- Translation status
- Source text, unreviewed
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- Read the full answer on Ftawy