Back to search
The question

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?

Share this answer

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

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.

Summarized from the full answer at Ftawy · imported

Read the full answer on Ftawy
Where this answer came from
Source platform
Ftawy
Original fatwa ID
176874
Imported
Translation status
Source text, unreviewed
Read the full ruling
Read the full answer on Ftawy