Is it permissible to take profits from an amount deposited in a bank savings account?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
There is no harm in benefiting from the profits of a savings account if the bank adheres to the rulings of Islamic . However, if it does not, then the account must be closed and its profits spent on public welfare for Muslims and those in need.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/138072
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 138072
- Added here
- . This is when the answer was added to El Fatwa, not the fatwa's date.
- Text
- Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
- Read the full ruling
- Read the full answer on Ftawy