1. Is it permissible to deposit money in a bank that deals with usury (riba)? 2. If someone has previously deposited their money in a usurious bank, is it permissible for them to withdraw the usurious (surplus) money, or should they leave it? 3. If this money is withdrawn, how can one dispose of it? And is the final beneficiary of this money sinful if they know it is usury? 4. Is it permissible to read the book Nahj al-Balagha?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
It is not permissible to deposit money in an interest-bearing bank unless there is an urgent necessity. If an interest-based increase results from this, it is permissible to take it and spend it on charitable causes and for the benefit of Muslims, not as an act of drawing closer to Allah, but to get rid of it. As for the final beneficiaries of this money, such as the poor and the needy, there is no harm upon them in taking it, even if they know it is from usury; because the warning does not apply to them, and this money has no owner, and it is not usury for them.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/53625
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 53625
- 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