Opening an Account in Riba Banks Without Taking Interest
Machine translationRead the Arabic original
Question:
Honorable Shaykh, this questioner asks: What is the ruling on opening an account in riba (usury or interest) banks without taking the interest on it? Is it permissible to open an account without depositing, only?
Answer:
This is permissible out of dire necessity if one cannot find a place where he can keep his money safe from theft or loss, and he finds no place other than the banks. In that case, it is permissible to deposit with them. As for depositing for the purpose of investment, that is forbidden; investing with the state is forbidden and not permissible. It is sold through these means. This is smaller and better, within limits that are smaller and better. Yes.
The presenter:
May Allah reward you, Honorable Shaykh,
Honorable Shaykh, this questioner asks: What is the ruling on opening an account in riba (usury or interest) banks without taking the interest on it? Is it permissible to open an account without depositing, only?
Answer:
This is permissible out of dire necessity if one cannot find a place where he can keep his money safe from theft or loss, and he finds no place other than the banks. In that case, it is permissible to deposit with them. As for depositing for the purpose of investment, that is forbidden; investing with the state is forbidden and not permissible. It is sold through these means. This is smaller and better, within limits that are smaller and better. Yes.
The presenter:
May Allah reward you, Honorable Shaykh,
Source
75-اللقاء الأسبوعي مع الشيخ صالح الفوزان - 23 — archive.org (36:43)
The Arabic text is a machine transcription of the audio recording.