Back to search
The question

Is it permissible to deposit money in usurious banks in countries where there are no Islamic banks, given the prevalence of looting, pillaging, and theft?

Share this answer

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

The fundamental principle is for a Muslim to avoid usurious institutions, except for one who is compelled to deposit money in them if they cannot find a safe place for their funds. If the necessity ceases, then it becomes obligatory for them to stop dealing with such institutions, based on the Almighty's saying: "And He has already explained to you what He has forbidden to you, except for that to which you are compelled."

Summarized from the full answer at Ftawy · imported

Read the full answer on Ftawy
Where this answer came from
Source platform
Ftawy
Original fatwa ID
50188
Imported
Translation status
Source text, unreviewed
Read the full ruling
Read the full answer on Ftawy