What is the ruling on depositing money in the post office and in a passbook without profits?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
It is not permissible to deposit money in interest-based institutions, whether lending or borrowing, even if the account is without interest, because that is considered assisting them in falsehood and enabling them to use the money in their interest-based transactions.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/114262
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 114262
- 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