Is the increase in money deposited in the bank for 14 years, which was allocated by the deceased father's employer, considered usury (riba)? And what should be done with this money?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
If the money deposited in a usurious bank is from the remaining rights of the father, it is an inheritance. It is impermissible to take the usurious increase; rather, it must be disposed of in charitable causes, unless there is a need. However, if the money is a gift or a grant from an institution, it is permissible to take it in full, because the sin falls upon the one who placed the money in the usurious bank.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/17159
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 17159
- 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