What is the ruling on depositing money in usurious banks for protection without interest, given the presence of an Islamic bank that charges commissions on deposits and when the balance falls, while the usurious bank does not impose them, and what is the ruling on dealing with the Jordan Islamic Bank?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
It is not permissible to deal with usurious banks or to deposit money in them, even without interest, unless there is an extreme necessity for which there is no alternative. This is because doing so constitutes aiding them in sin and aggression. Furthermore, the fact that Islamic banks charge a commission does not justify dealing with usurious banks.
Summarized from the full answer at Ftawy · imported
Read the full answer on Ftawyhttps://ftawy.com/en/questions/51620
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- Ftawy
- Original fatwa ID
- 51620
- Imported
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- Source text, unreviewed
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