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The question

What is the ruling of Sharia on depositing the money of a sick son in a foreign bank to benefit from its interest, knowing that they live in a non-Muslim country and his social welfare salary is not sufficient?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

It is not permissible to deposit money in a usurious bank for the purpose of investment. As for depositing it for safekeeping, it is not permissible except out of necessity or a need that is considered equivalent to necessity, such as fear of theft or the need for transfer in the absence of an Islamic institution that can safeguard the money. Similarly, it is not permissible for your son to benefit from the usurious returns except out of necessity.

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
52804
Imported
Translation status
Source text, unreviewed
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