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Najafi Q&A: Banks

lit 8/29/2026 · 5 entries · 0 followers · 0 likes

⚖️ Fiqh & LawJurist: Shaykh Bashir al-NajafiTopic: BanksMadhhab / school: Shia Ithna 'AshariyahSection: Treatments#fiqh#najafi#qa

Q&AWhat is the ruling on the interest that non-Islamic banks provide to those who deposit their money in, for…

What is the ruling on the interest that non-Islamic banks provide to those who deposit their money in, for example, a savings account?

Answer

In the name of Allah, it is permissible for a Muslim to take that interest, but it must be subjected to khums immediately upon receipt. If any remains at the end of the five-year cycle, it must be khummsed again. One should know that khums is due at the time the interest is received from the bank. Allah knows best.

Source:alnajafy.com · alnajafy.com

Q&AWhat is the ruling on depositing cash amounts in local banks in non-Islamic countries? Should the amount be…

What is the ruling on depositing cash amounts in local banks in non-Islamic countries? Should the amount be given as khums before depositing?

Answer

In the name of Allah, yes, it must be subjected to khums before depositing if it has not already been khummsed. Khums is obligatory if the time for the five-year cycle has arrived. If there is no five-year cycle, it must be given khums whenever one intends to deposit the amount in the bank. Allah knows best.

Source:alnajafy.com · alnajafy.com

Q&AIf a person finds an amount transferred to their bank account or what is called today a Benefit account, and…

If a person finds an amount transferred to their bank account or what is called today a Benefit account, and they are unable to determine the source or reason for the transfer, what is the ruling on the transferred money?

Answer

In the name of Allah, they must retain it until they find out its source. Allah is the guide.

Source:alnajafy.com · alnajafy.com

Q&AI want to buy a car from the bank by renting the car? Renting a car is to pay 20% of its value without taking…

I want to buy a car from the bank by renting the car? Renting a car is to pay 20% of its value without taking a loan, followed by monthly installments during the lease term. Therefore, it is a rental and not a purchase. Is this permissible?

Answer

In the name of Allah, if the bank is buying the car and paying its price to the car seller, and you pay the price along with paying the rent in the period agreed upon between you and the bank, then it is permissible. Allah knows best.

Source:alnajafy.com · alnajafy.com

Q&AThere is a bill of riyal currency that is still used in the market, but it has become scarce in the market as…

There is a bill of riyal currency that is still used in the market, but it has become scarce in the market as it is replaced with coins. Some keep this bill by buying it as it is a rare bill and no more issued. For example, one might sell (100 riyals for 130 riyals), knowing that if these (100) were exchanged in the bank, their price would be (100) riyals, bearing in mind that recently the issuance of currency is stopped in that it has not become a rarity yet. Is it permissible for the seller or buyer to sell or buy them for an amount higher than their actual value?

Answer

In the name of Allah, it is permissible. Allah knows best.

Source:alnajafy.com · alnajafy.com

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