The ruling on bank interest on a deposit
Machine translationRead the Arabic original
Question:
Our Shaykh, may Allah bless you, what is the ruling on bank interest on a deposit if the bank engages in commercial activities?
Answer:
If it deals in permissible, lawful transactions, there is nothing wrong with it. However, if the bank deals in riba (usury or interest) or gambling, it is not permissible to take the interest from it, because it is riba-based.
Our Shaykh, may Allah bless you, what is the ruling on bank interest on a deposit if the bank engages in commercial activities?
Answer:
If it deals in permissible, lawful transactions, there is nothing wrong with it. However, if the bank deals in riba (usury or interest) or gambling, it is not permissible to take the interest from it, because it is riba-based.
Source
قناة «العلامة الدكتور صالح الفوزان»، ما معنى هذا الدعاء سبحان الله وبحمده عدد خلقه ورضا نفسه وزنة عرشه ومداد كلماته؟ للشيخ الفوزان — youtube.com (0:23)
The Arabic text is a machine transcription of the audio recording.