Is it permissible to open a savings account at a post office that deals in usury, out of necessity?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
It is not permissible to deposit money in usurious banks and institutions, whether with interest or without; because it involves cooperation in sin and aggression. However, if there is fear of its loss and no place to keep it, then it is permissible to deposit it without interest out of necessity, in order to commit the lesser of two prohibitions.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/105349
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 105349
- 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