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The question

What is the ruling on dealing with usurious banks?

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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 banks and take interest, nor to borrow with interest, for all of this is explicit and forbidden usury (riba), unless a Muslim is compelled to deposit money without interest. It is also not permissible to work in usurious banks as a manager, clerk, or accountant. Similarly, it is not permissible to rent real estate to such banks, because all of that constitutes cooperation in sin and aggression. The prohibition of usury is explicitly stated in the Quran and , and the Prophet, peace and blessings be upon him, cursed the one who consumes usury, the one who gives it, the one who records it, and its two witnesses.

Summarized from the full answer at Ftawy · imported

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Ftawy
Original fatwa ID
20056
Imported
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Source text, unreviewed
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