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Depositing
money in a bank which does not deal with ribaa
*Please appropriately reference
this fatwa to: www.fatwa-online.com, thankyou!*
Question:
These days, many accidents occur and blood-money is difficult
(to pay). So, as a group, we agreed to collect a large sum
of money and deposited it in Bank ar-Rajhee for safe keeping,
where it remained for some time. So is there any sin upon
us in leaving this money in the bank, knowing that we extract
the zakaah
which is due upon it. Please advise us, and may Allaah reward
you with good.
Response:
There is no harm for it (the money) to remain in Bank ar-Rajhee
as it does not deal with ribaa
from that which we know.
Shaykh
Ibn Baaz
Silsilah
Kitaab ad-Da'wah (1), al-Fataawa - Volume 1, Page 150
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