Is opening a savings account in a conventional bank, with the aim of obtaining a credit card and covering account and transaction fees with the interest, considered a violation of Islamic Sharia, given that I do not intend to receive this interest, waive it, or donate it?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
It is not permissible to deal with usurious banks, even if the intention is to get rid of the interest or to donate it. If an Islamic bank is not available, a credit card can be issued from a usurious bank under certain conditions.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/176874
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 176874
- 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