What is the ruling on opening an account in riba (usury or interest) banks?
Machine translationRead the Arabic original
Question:
Honorable Shaykh, may Allah grant you success, what is the ruling on opening an account in riba banks?
Answer:
Opening an account for deposit only, for safekeeping only, without investment, is necessitated by dire necessity, so there is nothing wrong with it. As for depositing for the sake of investment, that is not permissible. This is riba investment, and that is not permissible. Yes.
Honorable Shaykh, may Allah grant you success, what is the ruling on opening an account in riba banks?
Answer:
Opening an account for deposit only, for safekeeping only, without investment, is necessitated by dire necessity, so there is nothing wrong with it. As for depositing for the sake of investment, that is not permissible. This is riba investment, and that is not permissible. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، ما حكم فتح حساب في البنوك الربوية؟ للشيخ صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.