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Depositing
money in a bank for safe keeping
*Please appropriately reference
this fatwa to: www.fatwa-online.com, thankyou!*
Question:
Is it permissible for whoever has a lump sum of money to put
it in a bank with the intention for safe keeping, and whenever
the zakaah
is obligatory upon that sum of money he extracts the required
amount and gives the zakaah?
Please advise us, and may Allaah reward you with good.
Response:
It is not permissible to deposit money fro safe keeping in
a bank which deals with ribaa,
even if you do not take the ribaa,
since this entails assisting in sin and transgresson, and
Allaah has forbidden that.
However,
if you are compelled to do so, and do not take the ribaa,
and you are unable to find another place to safe keep your
money except a bank which deals with ribaa,
then there is no harm due to the necessity, inshaa.-Allaah.
And Allaah (Subhaanahu
wa Ta'aala) says:
{He
has explained to you in detail what is forbidden to you, except
under compulsion of necessity}, [Soorah
al-An'aam, Aayah
119].
And
whenever you find an Islaamic bank or a safe place which does
not involve assisiting in sin and transgression, then place
your money there, as it will not then be permisisble for you
to leave (your money) in a bank which deals with ribaa.
Shaykh
Ibn Baaz
Silsilah
Kitaab ad-Da'wah (1), al-Fataawa - Volume 1, Page 147
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