The ruling on depositing money in banks

Question : What is your opinion regarding the Islamic Bank of Faisal and the Activity Center in Makkah? No, no, no. And the Al-Masaq Center in Makkah, is there a sin upon us in depositing our money there?

Answer : If these institutions do not deal in riba (usury or interest), and do not deposit their funds in banks that benefit from riba, then depositing money in them is permissible. However, if we know that they deal in riba, or deposit their money in riba-based banks and profit from it through riba, then it is not permissible to participate in them. A person to whom Allah has given wealth can place his wealth in real estate.