Back to search
The question

Is it permissible to pay the administrative fees of a usurious bank from the interest of money deposited therein out of necessity?

Share this answer

Source: FtawySummary from Ftawy's records · added here Sep 2, 20261 min readAlso available in العربية
The answer

It is not permissible to deposit money in interest-based banks as long as Islamic banks are available, because depositing in interest-based banks is considered assisting them in falsehood. If Islamic banks are not available, then it is permissible to deposit in interest-based banks only in a current account to meet a necessity. If interest accrues from this, it must be disposed of by spending it on charitable and benevolent causes, and the account holder is not permitted to benefit from it.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

Read the full answer on Ftawy
Where this answer came from
Source platform
Ftawy
Original fatwa ID
168372
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