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Q&A: Interest

If I know that the bank will give me interest even without stipulating the conditions, is it permissible for…

Q&A⚖️ Fiqh & Law

If I know that the bank will give me interest even without stipulating the conditions, is it permissible for me to deposit in a savings account that takes the form of a term-deposit?

Answer

Yes, it is permissible, as long as you do not stipulate the conditions of interest.

Source:sistani.org · sistani.org

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added 8/29/2026

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