Naming the riba (usury or interest) that banks pay as interest
Machine translationRead the Arabic original
Question:
Honorable Shaykh, may Allah grant you success. A questioner says: The riba that banks pay is called interest. He asks: Is it permissible to change this name and deal with it as such?
Answer:
Riba is riba, even if it is called by another name. It is riba, even if it is called by another name. It is called interest, it is called transactions, it is riba. It is not permissible.
Honorable Shaykh, may Allah grant you success. A questioner says: The riba that banks pay is called interest. He asks: Is it permissible to change this name and deal with it as such?
Answer:
Riba is riba, even if it is called by another name. It is riba, even if it is called by another name. It is called interest, it is called transactions, it is riba. It is not permissible.
Source
المنتقى من أخبار سيد المرسلين-11-07-1438هـ — af.org.sa (1:00:34)
The Arabic text is a machine transcription of the audio recording.