Is It Permissible to Open a Savings Account Which Will Receive Interest?

Answered by Ustadh Tabraze Azam Question: Assalamu ‘alaykum, Is it permissible to open a savings account with a bank that provides interest? I have no intention of using the interest whatsoever; I would just like to deposit my money in a safe place. Answer: Wa alaikum assalam wa rahmatullahi wa barakatuh, No, it would not … Continue reading Is It Permissible to Open a Savings Account Which Will Receive Interest?