What is the religious ruling on keeping money in an Islamic bank that has merged with a usurious bank?
Source: FtawySummarized from the full answer at Ftawy · reviewed Sep 2, 2026
It is not permissible to deposit money in this bank after its merger with an interest-based bank, because the merger necessitates the practice of usury and prohibited contracts. Similarly, it is forbidden to assist in such matters by depositing money or otherwise, due to the general import of Allah’s statement: "And do not cooperate in sin and aggression."
Summarized from the full answer at Ftawy · reviewed Sep 2, 2026
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