Is it permissible to keep one's salary in a Riba-based bank in a country where no Islamic bank exists, in order to avoid the exorbitant transfer fees to an Islamic bank in another country?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
If there is no Islamic bank, there is no objection to the salary being deposited in a usurious bank in a current account that yields no interest. It is preferable to withdraw the salary quickly so that the bank does not benefit from it in illicit activities. There is no need to expend large sums to transfer the salary to a bank outside the country.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/95224
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 95224
- 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