Monday 24 February 2025 - 09:33
It is permissible to deposit [money] in non-Muslim banks?

It is permissible to deposit [money] in non-Muslim (private or state-owned) banks? Even if to gain interest?

Hawzah News Agency - It is permissible to deposit [money] in non-Muslim (private or state-owned) banks? Even if with the intention of gaining interest?

Answer: It is permissible and the interest given by the bank (privately owned or not) is fine, even if one intends with the condition of interest.

sistani.org

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