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View Full Version : Does islam allow interest on bank deposits?


zeib1245
Jun 26, 2011, 07:49 AM
I was asked about a non-Muslim that if islam does not allow interest on money then how are Muslims allowed to keep money in banks and by doing so are Muslims going against islam?

Curlyben
Jun 26, 2011, 07:52 AM
The receiving (or giving) of interest on financial products is forbidden.