What is the ruling on money taken from a grandfather's pension, which the state contributes to for retirees, knowing that the grandfather has other money that he deposits in a usurious bank?
Source: FtawySummarized from the full answer at Ftawy · reviewed Sep 2, 2026
It has been previously affirmed that it is forbidden to deposit money in postal savings accounts and interest-based banks, because it is not a legitimate investment. The grandfather should be advised and informed of the Sharia ruling. There is no harm in receiving the pension through interest-based institutions.
Summarized from the full answer at Ftawy · reviewed Sep 2, 2026
Read the full answer on Ftawyhttps://ftawy.com/en/questions/136175