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﴿ فَاسْأَلُوا أَهْلَ الذِّكْرِ إِن كُنتُمْ لَا تَعْلَمُونَ ﴾

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What is the ruling on depositing money in the bank without interest?

Machine translationRead the Arabic original
Question:
This is a question about the ruling on depositing money in banks without interest, just for safekeeping, for the sake of safekeeping only.

Answer:
There is nothing wrong with that out of necessity. You deposit it for safekeeping and then take it out when you want, and you do not take any interest on it, for your intention is only safekeeping.
Source قناة «العلامة الدكتور صالح الفوزان»، ما حكم إيداع المال في البنك بدون فائدة؟ للشيخ الفوزان — youtube.com

The Arabic text is a machine transcription of the audio recording.

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