Placing money in a current account at riba (usury or interest) banks
Machine translationRead the Arabic original
Question:
Placing a sum of money in one of the riba (usury or interest) banks, specifically in a current account, without taking interest from the bank?
Answer:
This does no harm, and placing a current account without interest does no harm. However, if it is possible to keep it with someone other than the banks, such as with some merchants, that is more cautious. Otherwise, placing it in the bank out of need and necessity for a current account, not for a riba (usury or interest) transaction, is permissible. Yes.
The presenter:
May Allah reward you,
Placing a sum of money in one of the riba (usury or interest) banks, specifically in a current account, without taking interest from the bank?
Answer:
This does no harm, and placing a current account without interest does no harm. However, if it is possible to keep it with someone other than the banks, such as with some merchants, that is more cautious. Otherwise, placing it in the bank out of need and necessity for a current account, not for a riba (usury or interest) transaction, is permissible. Yes.
The presenter:
May Allah reward you,
Source
وجوب التفقه في الدين — islamhouse.com (1:00:55)
The Arabic text is a machine transcription of the audio recording.