Is it permissible, from a Sharia perspective, to rent safe deposit boxes (vaults) in Riba-based banks to store money and gold for 20 Jordanian Dinars annually?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
It is permissible to rent safe deposit boxes to store possessions. However, if this is done through an interest-based (riba-based) bank, it is forbidden because it constitutes cooperation in sin and aggression, based on the Almighty's saying: "And do not cooperate in sin and aggression." This is unless there is a necessity to preserve wealth due to the absence of an alternative, in which case it becomes permissible, based on the Almighty's saying: "And He has detailed for you what He has forbidden you, except for that to which you are compelled."
Summarized from the full answer at Ftawy · imported
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- 62573
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