Depositing in banks without taking interest
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The second question of Fatwa No. ( 7996 )
Q2: Some people deposit funds in various banks without taking interest on them, and these banks deduct a percentage of the deposit value as administrative fees. What is the ruling on this percentage? It is known that it increases and decreases according to the size and value of the deposit?
A2: If the situation is as described, there is no harm in that, if Allah wills.
Q2: Some people deposit funds in various banks without taking interest on them, and these banks deduct a percentage of the deposit value as administrative fees. What is the ruling on this percentage? It is known that it increases and decreases according to the size and value of the deposit?
A2: If the situation is as described, there is no harm in that, if Allah wills.
Source
www.alifta.gov.sa
The Arabic text is copied verbatim from the original source, without any edits.