Is it permissible to continue membership in a housing association that deposits its members' money in a bank and receives usurious interest to cover its expenses, and is the association excused in this due to legal compulsion to deposit the money in the bank?

The housing association's act of depositing subscribers' funds in a usurious bank is forbidden interest (riba). However, if the government compels the association to do so, they may deposit the funds without interest. If it is impossible except with interest, then the association should take it and dispose of it by spending it on the welfare of Muslims. It is permissible to subscribe to the association if its regulations do not allow depositing funds in a bank. If the state compels the association to do so, then the subscriber is excused, provided that the association does not receive any returns from the bank's interest. Otherwise, the association must spend it on the welfare of Muslims.