Shaykh Rasoul Q & ASShaykh Rasoul Q & A
Aug 25

SHAYKH, If I keep my money in a bank and receive interest every month for keeping it there, is that haram?

If it is haram, then why? The bank is using my money to carry out its business and other activities, so why is it haram for me to receive a profit from my own money?I have heard that taking interest is like declaring war against Allah. But how can I possibly declare war against my Lord? I really don’t understand this. Why are bank jobs and interest considered haram?
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