Placing 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 fire 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 this out of dire necessity, for Allah says[Al-An'am 6:119], He says: if they are compelled to do so, as long as you keep it safe, there is no harm, but without interest. And if he is content to have them classify it as acceptable with them, so that he keeps his money with them, and they accept that he keeps it with them, even if it is a needle, that is safer. There is no power or strength except with Allah. And if the banks are good places that keep things safe, they are better. Yes.
He says: I have a lot of money and I am afraid for it from fire 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 this out of dire 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 ١٤١٠ هـ - ١٦ — archive.org (22:00)
The Arabic text is a machine transcription of the audio recording.
