Depositing money in a riba (usury or interest) bank for safekeeping
Machine translationRead the Arabic original
Question:
He says: I have a lot of money and I am afraid for it from thieves and the like, so I put it in one of the riba banks for safekeeping only, and I do not take any increase on it, it is just a trust, is that permissible? And what is the evidence?
Answer:
There is no harm in that out of necessity, for Allah says:[Al-An'am 6:119] so he keeps it for them, so there is no harm, but without interest. And if he wants to, he can put it in a safe box with them to keep his money in, and he can keep a small amount with them, even if it is for a fee, that would be safer. There is no power or strength except with Allah. And if the banks exceed good shops that dig, then those are better.
He says: I have a lot of money and I am afraid for it from thieves and the like, so I put it in one of the riba banks for safekeeping only, and I do not take any increase on it, it is just a trust, is that permissible? And what is the evidence?
Answer:
There is no harm in that out of necessity, for Allah says:
while He has explained in detail to you what He has forbidden you, excepting that to which you are compelled
وَقَدْ فَصَّلَ لَكُم مَّا حَرَّمَ عَلَيْكُمْ إِلَّا مَا اضْطُرِرْتُمْ إِلَيْهِ
Source
فتاوى الحج 1410 هـ - 16 — archive.org (53:56)
The Arabic text is a machine transcription of the audio recording.