What is the ruling of the Sharia on the permissibility of taking interest from usurious banks and spending it on public welfare for Muslims, taking into account Fatwa No. 41 which permits depositing in usurious banks out of necessity without stipulating interest?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
If a Muslim is compelled to deposit his money in an interest-based bank to protect it from theft, he should place it in a non-interest-bearing current account if possible, so as not to endorse dealing with usury, for the end does not justify the means. If he is unable to do so, he may take the interest and spend it on the welfare of Muslims.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/79838
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 79838
- 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