Back to search
The question

What is the ruling on depositing money in conventional and Islamic banks with the intention of preserving it and benefiting from its interest, and what is the ruling on disposing of this interest if it is Haram (forbidden)?

Share this answer

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

All praise is due to Allah, and may peace and blessings be upon the Messenger of Allah, and upon his family and companions. To proceed:

Your question, dear enquirer, encompasses several matters, and we will briefly summarize the answers for you as follows:

1. 2. 3. 4. 5. 6. 7. 8. And Allah knows best.

Summarized from the full answer at Ftawy · imported

Read the full answer on Ftawy
Source platform
Ftawy
Original fatwa ID
102665
Imported
Translation status
Source text, unreviewed
Read the full ruling
Read the full answer on Ftawy