Is it permissible to deal with the Saudi American Bank?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
Allah has forbidden usury and threatened its perpetrator with war and annihilation in this world, and a painful torment in the Hereafter. The Messenger of Allah cursed the one who consumes usury, the one who feeds it, its scribe, and its two witnesses. Therefore, one must avoid usurious banks and refrain from opening accounts in them or borrowing with interest; for that entails cooperation in sin and aggression.
Summarized from the full answer at Ftawy · imported
Read the full answer on Ftawyhttps://ftawy.com/en/questions/47020
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- Ftawy
- Original fatwa ID
- 47020
- Imported
- Translation status
- Source text, unreviewed
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