bank insurance Fatwa Cover

Any type of banking is permissible 8155725266

Monthly Al Kawtharbank insurance


Question

I want to perform Hajj with pension money. After withdrawing the money, I can't mortgage the land with it, I can't even buy a cow and give a share. Because, both are illegal. Can I keep the money in the bank for saving? If it is possible, then it is very useful to know what kind of keeping will be permissible. 1927141815


Answer

- حامداومصلياومسلما، بسم الله الرحمن الرحيم -

Yes, money can be kept in an interest free current account of the bank for the purpose of custody. However, for the purpose of making a profit, an account like savings or fixed-deposit etc. can be opened and no profit can be made from it. If for any other reason it is not possible to open a current account and is forced to open a savings account, then a savings account can be opened in banks with Islamic names. However, the profit received from him should not be enjoyed by himself but should be given in charity without the intention of reward. 3241434549

- والله اعلم باالصواب -

* This Fatwa was translated by Google Translate.
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Source

  • মাজাল্লাতু মাজমাইল ফিকহিল ইসলামী, Part: 9, Page: 971
  • মাওসূআতু ফাতাওয়াল মুআমালাতিল মালিয়া, Part: 12, Page: 29