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﴿ فَاسْأَلُوا أَهْلَ الذِّكْرِ إِن كُنتُمْ لَا تَعْلَمُونَ ﴾

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What is the ruling on depositing a sum of money in the bank?

Machine translationRead the Arabic original
The questioner : If someone deposits a sum of money in the bank.

The Shaykh : May Allah preserve him.
The student : Without taking any interest on it.

The Shaykh : May Allah preserve him.
The student : Is it lawful or forbidden?

The Shaykh : It is forbidden for him because he has assisted in riba (usury or interest), and the Messenger (peace and blessings be upon him) said:
Allah's Messenger (ﷺ) cursed the accepter of interest and its payer, and one who records it, and the two witnesses لَعَنَ اللهُ آكلَ الربا ، وموكلَه ، وكاتبَه ، وشاهدَيه
Sahih Muslim 1598
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The student : ... the ones that are sold, O Shaykh, these are for a specific value and a fee is taken on them.

The Shaykh : That is enough, my brother, that is enough, save your question for later.
Source www.al-albany.com

The Arabic text is copied verbatim from the original source, without any edits.

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