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Deposit in a savings account that takes the form of a term-deposit

If I know that the bank will give me interest even without stipulating the conditions, is it permissible for me to deposit in a savings account that takes the form of a term-deposit?

Hawzah News Agency - Question: If I know that the bank will give me interest even without stipulating the conditions, is it permissible for me to deposit in a savings account that takes the form of a term-deposit?

Answer:

Yes, it is permissible, as long as you do not stipulate the conditions of interest.

Sistani.org

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