Sheikh, in the bank, they have a current account which is interest-free. but they are saying that I have to maintain a certain amount as a minimum balance in order to have such account. People are saying that i am contributing to riba because they will use that amount for riba.Am i still sinful for holding a current account which is interest free but have to maintain min balance
Sheikh, in the bank, they have a current account which is interest-free. but they are saying that I have to maintain a certain amount as a minimum balance in order to have such account. People are saying that i am contributing to riba because they will use that amount for riba.Am i still sinful for holding a current account which is interest free but have to maintain min balance
22Dec
ANSWER:
This is permissible if there are no Islamic banks around and there is no normal current account without interest.
Sheikh, in the bank, they have a current account which is interest-free. but they are saying that I have to maintain a certain amount as a minimum balance in order to have such account. People are saying that i am contributing to riba because they will use that amount for riba.Am i still sinful for holding a current account which is interest free but have to maintain min balance