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The question

What is the ruling on keeping money in a Samba Bank account in the USA without interest, and what is the recommended alternative bank to avoid usury?

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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 for a Muslim to deposit their money in an interest-based bank, even if it is a current account that does not generate interest. This is because it is considered aiding the interest-based bank and cooperating with it in sin and transgression. A Muslim must withdraw their money from interest-based banks and deposit it in Islamic banks. It can also be placed in an investment account that yields profit.

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
131286
Imported
Translation status
Source text, unreviewed
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