What is the ruling on keeping money in a Samba Bank account in the USA without interest, and what is the recommended alternative bank to avoid usury?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
It is not permissible for a Muslim to deposit their money in an interest-based bank, even if it is a current account that does not generate interest. This is because it is considered aiding the interest-based bank and cooperating with it in sin and transgression. A Muslim must withdraw their money from interest-based banks and deposit it in Islamic banks. It can also be placed in an investment account that yields profit.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/131286
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- Ftawy
- Original fatwa ID
- 131286
- 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