Receiving the salary through the National Bank and stock dividends
Machine translationRead the Arabic original
The questioner:
The second question. The second question, Shaykh. Right now, we receive our salaries through the National Bank. Does this involve riba (usury or interest)? Of course, they keep it with them and invest it until it comes from the Ministry of Finance to them. It stays with them for a period and then goes into our accounts. I do not know what the ruling is, Shaykh.
The Shaykh:
No, taking your salary or from the balance held for safekeeping is permissible; there is no harm in it. You did not choose for it to pass through the bank, but the entity that pays it is the one that routed it through the bank. So you take your salary, and nothing is required of you, and praise be to Allah, because this is your right. Yes.
The questioner:
Yes, please go ahead. Well, Shaykh, they told me regarding the National Bank, another one of the scholars said: If you sell it and return your capital, and the rest is the interest, you should dispose of it in the path of good. I do not know what the ruling is.
The Shaykh:
No, no, this is an incorrect fatwa. Try to recover your money, and if they do not agree, then you have the court; file a complaint against them in the court. Yes.
The second question. The second question, Shaykh. Right now, we receive our salaries through the National Bank. Does this involve riba (usury or interest)? Of course, they keep it with them and invest it until it comes from the Ministry of Finance to them. It stays with them for a period and then goes into our accounts. I do not know what the ruling is, Shaykh.
The Shaykh:
No, taking your salary or from the balance held for safekeeping is permissible; there is no harm in it. You did not choose for it to pass through the bank, but the entity that pays it is the one that routed it through the bank. So you take your salary, and nothing is required of you, and praise be to Allah, because this is your right. Yes.
The questioner:
Yes, please go ahead. Well, Shaykh, they told me regarding the National Bank, another one of the scholars said: If you sell it and return your capital, and the rest is the interest, you should dispose of it in the path of good. I do not know what the ruling is.
The Shaykh:
No, no, this is an incorrect fatwa. Try to recover your money, and if they do not agree, then you have the court; file a complaint against them in the court. Yes.
Source
فتاوى على الهواء 28-12-1435هـ — alfawzan.live (31:10)
The Arabic text is a machine transcription of the audio recording.