Opening an account in riba (usury or interest) banks for the sake of need
Machine translationRead the Arabic original
The questioner:
Honorable Shaykh, may Allah grant you success. He says: Is opening a bank account in riba (usury or interest) banks considered permissible for the sake of need?
The Shaykh:
Opening what?
The questioner:
An account in a riba (usury or interest) bank is considered permissible for the sake of need?
The Shaykh:
Depositing it for safekeeping; this is a dire necessity now. Where do people put their money? Is the deposit for the purpose of safekeeping only? There is nothing wrong with that. However, depositing it for the purpose of investment is not permissible.
Honorable Shaykh, may Allah grant you success. He says: Is opening a bank account in riba (usury or interest) banks considered permissible for the sake of need?
The Shaykh:
Opening what?
The questioner:
An account in a riba (usury or interest) bank is considered permissible for the sake of need?
The Shaykh:
Depositing it for safekeeping; this is a dire necessity now. Where do people put their money? Is the deposit for the purpose of safekeeping only? There is nothing wrong with that. However, depositing it for the purpose of investment is not permissible.
Source
إغاثة اللهفان من مصائد الشيطان 07-01-1435هـ — af.org.sa (57:00)
The Arabic text is a machine transcription of the audio recording.