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﴿ فَاسْأَلُوا أَهْلَ الذِّكْرِ إِن كُنتُمْ لَا تَعْلَمُونَ ﴾

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The ruling on placing money in a riba (usury or interest) bank for the purpose of safekeeping

Machine translationRead the Arabic original
Question:
And he asks about placing money in the bank.

Answer:
In the bank where riba (usury or interest) transactions are sought. This is not permissible. It is not permissible to invest in riba (usury or interest) banks. It is not permissible to invest in riba (usury or interest) banks. As for placing money for safekeeping only, without investment, there is no harm in it out of dire necessity.
Source قناة «العلامة الدكتور صالح الفوزان»، ما حكم وضع المال في المصرف الربوي؟ للشيخ الفوزان — youtube.com

The Arabic text is a machine transcription of the audio recording.

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