What is the ruling on the lottery prize offered by a bank in the UAE on a deposit without interest or fees, with a payment of 25 dirhams upon early withdrawal?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
The transaction mentioned is a loan, not a deposit, because the bank disposes of the deposited funds and allocates prizes to their owners through a lottery. This resembles gambling (), and one must avoid dealing with them.
Summarized from the full answer at Ftawy · imported
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- 50696
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