Opening a bank account in order to receive interest

· 27 Safar 1448 AH1 min readEnglish
Business and DealingsInterest and GamblingOpening a bank account

Question

If I have a choice on whether my bank account will earn interest or not which is better to choose? If I earn the interest I will donate it to the poor and someone will benefit. If I don’t take the interest the bank will benefit.

Answer

To open an account in order to receive interest is haraam.

And Allah Ta'ala (الله تعالى) knows best.

Answered by
Mufti Ebrahim Salejee (Isipingo Beach)
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