Fatwaa.net - Fatawa | Is it permissible to deal with the Arab Bank knowing that it is a usurious bank because it offers many discounts and promotions? For example, can one deposit an amount intended for spending and then use it as soon as possible, say within a week or a shorter period? Is it permissible to use it to receive transfers if it is one of the easier options, provided that the transfer is withdrawn as quickly as possible or within a week? And in the case that the company I work for transfers the salary to this bank, is there any sin upon me as an employee?

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26 / 06 / 2026

Dealing with Usurious Banks in Transfers

Question

Is it permissible to deal with the Arab Bank knowing that it is a usurious bank because it offers many discounts and promotions? For example, can one deposit an amount intended for spending and then use it as soon as possible, say within a week or a shorter period? Is it permissible to use it to receive transfers if it is one of the easier options, provided that the transfer is withdrawn as quickly as possible or within a week? And in the case that the company I work for transfers the salary to this bank, is there any sin upon me as an employee?

Answer

I say, and with God's help: Dealing with usurious banks is only permissible out of necessity, and it is allowed to receive the transfer through it and withdraw it as quickly as possible. If the company transfers the salary to it, we must withdraw it as soon as it is deposited in the bank. And God knows best.

Dealing with Usurious Banks in Transfers

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