What is the ruling on opening a bank account to complete money transfers abroad?
Machine translationRead the Arabic original
The questioner : Regarding the money transfer I asked about previously, there is a system in place where you cannot transfer money abroad unless you have a bank account. This applies to merchants; that is, they require you to have an account in order to transfer funds. You pay, for example, fifty French francs, and then an account is opened for you, and with this you can transfer money abroad; otherwise, you cannot. Is this permissible?
The Shaykh: No.
The questioner : It is not permissible?
The Shaykh: No.
The questioner : Because the money is used in riba (usury or interest).
The Shaykh: Yes.
The Shaykh: No.
The questioner : It is not permissible?
The Shaykh: No.
The questioner : Because the money is used in riba (usury or interest).
The Shaykh: Yes.
Source
www.al-albany.com
The Arabic text is copied verbatim from the original source, without any edits.