The Ruling on Participating in Riba-Based Banks Through Mudarabah
Machine translationRead the Arabic original
The questioner:
Honorable Shaykh, is it permissible to participate in riba-based banks through mudarabah, as is currently the case in bank branches?
The Shaykh:
Is it permissible?
The questioner:
Is it permissible to participate in constitutional banks through mudarabah, as is currently the case in the management of the position?
The Shaykh:
We have said that it is not permissible to participate with one whose earnings are haram or whose wealth is haram. Riba-based banks earn through riba, so it is not permissible to participate with them. Yes.
Honorable Shaykh, is it permissible to participate in riba-based banks through mudarabah, as is currently the case in bank branches?
The Shaykh:
Is it permissible?
The questioner:
Is it permissible to participate in constitutional banks through mudarabah, as is currently the case in the management of the position?
The Shaykh:
We have said that it is not permissible to participate with one whose earnings are haram or whose wealth is haram. Riba-based banks earn through riba, so it is not permissible to participate with them. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، 25 من 89|شرح العدة في شرح العمدة|البيوع|باب الشركة|صالح الفوزان|الفقه|كبار العلماء — youtube.com (1:10:36)
The Arabic text is a machine transcription of the audio recording.