The ruling on placing money in riba (usury or interest) banks
Machine translationRead the Arabic original
Question:
Welcome. This questioner asks: What is the ruling on placing money in banks that deal in riba (usury or interest), whether out of dire necessity or not? How can one guard against riba? Is it permissible to give charity every month from the interest earned?
Answer:
Regarding the excess, if it is possible to find another place to keep it, or a safe to keep it in at the place of excess, and he opens it with him, that is safer and further from evil. Yes.
Welcome. This questioner asks: What is the ruling on placing money in banks that deal in riba (usury or interest), whether out of dire necessity or not? How can one guard against riba? Is it permissible to give charity every month from the interest earned?
Answer:
Regarding the excess, if it is possible to find another place to keep it, or a safe to keep it in at the place of excess, and he opens it with him, that is safer and further from evil. Yes.
Source
فتاوى الحج 1410 هـ - 13 — archive.org (20:25)
The Arabic text is a machine transcription of the audio recording.
