The Ruling on Depositing Money in a Riba-Based Savings Fund

The questioner : The second question: The government has made it obligatory for every citizen who wants to obtain housing to deposit a sum of money in a savings fund, and they give him a profit on it, which is a riba (usury or interest) rate of five percent, or more or less. Is it permissible for a Muslim in need, either because his housing is cramped or because he wants to get married, to do this?

The Shaykh : It is not permissible. Because in that there is clear cooperation in evil. Yes.