The ruling on depositing money in a bank for safekeeping without interest
Machine translationRead the Arabic original
Question:
Is it permissible not to take interest?
Answer:
Yes, if a person has money and fears for its safety, and he deposits it in the bank for safekeeping only, they say this is permissible out of dire necessity. This is because if he leaves it with him, it might be stolen, or he might fear being killed because of it, and there is no safe place other than the banks. So this is permissible out of dire necessity, without any investment; it is for safekeeping only.
Is it permissible not to take interest?
Answer:
Yes, if a person has money and fears for its safety, and he deposits it in the bank for safekeeping only, they say this is permissible out of dire necessity. This is because if he leaves it with him, it might be stolen, or he might fear being killed because of it, and there is no safe place other than the banks. So this is permissible out of dire necessity, without any investment; it is for safekeeping only.
Source
قناة «العلامة الدكتور صالح الفوزان»، 141/74 شرح زاد المستقنع/ صالح الفوزان — youtube.com (44:23)
The Arabic text is a machine transcription of the audio recording.