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The question

What is the religious ruling on keeping money in an Islamic bank that has merged with a usurious bank?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

It is not permissible to deposit money in this bank after its merger with an interest-based bank, because the merger necessitates the practice of usury and prohibited contracts. Similarly, it is forbidden to assist in such matters by depositing money or otherwise, due to the general import of Allah’s statement: "And do not cooperate in sin and aggression."

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
82631
Imported
Translation status
Source text, unreviewed
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