Opening interest-based account : getting interest from banks

السؤال

My Muslim friend tried to convince me that collecting the interest paid by the bank on our savings account is permissible for us, saying that this was exactly like a business transaction similar to investing in the stock market. The bank is using our money to invest in various places and we are shareholders in the profit made thus. It is only Haram if we are lending money to someone and collect more money in return. What is your ruling on this ?

جواب الفتوى

أنقر هنالمشاهدة هذا المحتوى

تاريخ النشر

2002-03-11

التخصصات الرئيسية

العلوم المالية و المحاسبية
الدراسات الإسلامية

الموضوعات

• المصارف
• الفقه الإسلامي
• الربا

عدد الصفحات

1

نوع البيانات

فتاوى

لغة النص

الإنجليزية

رقم السجل

BIM-725828

• APA
• MLA
• AMA