The Ruling on Deposits in Riba Banks
Machine translationRead the Arabic original
Question:
May Allah bless you. The questioner asks: Is depositing money in riba (usury or interest) banks considered a form of cooperation in sin and aggression, even if the deposit is made without taking interest?
Answer:
Yes, it is considered cooperation, but dire necessity (darurah) requires that you deposit it for safekeeping, because if you left your money in your home, it would be at risk of theft, attack, or danger, and there is no safe place other than these banks. So you deposit in them for the sake of dire necessity. For the sake of dire necessity, this falls under the category of committing the lesser of two harms to avert the greater. The first level of dire necessity is permissible, on the condition that you do not invest it in a riba (usury or interest) investment. Yes.
May Allah bless you. The questioner asks: Is depositing money in riba (usury or interest) banks considered a form of cooperation in sin and aggression, even if the deposit is made without taking interest?
Answer:
Yes, it is considered cooperation, but dire necessity (darurah) requires that you deposit it for safekeeping, because if you left your money in your home, it would be at risk of theft, attack, or danger, and there is no safe place other than these banks. So you deposit in them for the sake of dire necessity. For the sake of dire necessity, this falls under the category of committing the lesser of two harms to avert the greater. The first level of dire necessity is permissible, on the condition that you do not invest it in a riba (usury or interest) investment. Yes.
Source
الإيداع في البنوك الربوية — alfawzan.live
The Arabic text is a machine transcription of the audio recording.