Most regular savings accounts operate on Riba (interest). If you can, move your money to a Non-Interest Banking (NIB) account or an Islamic Bank. If you can’t move it yet, you must take that interest and give it to charity—you cannot spend it on yourself, your family, or your bills.
Most regular savings accounts operate on Riba (interest).
If you can, move your money to a Non-Interest Banking (NIB) account or an Islamic Bank. If you can’t move it yet, you must take that interest and give it to charity—you cannot spend it on yourself, your family, or your bills.
Is it Haram to keep my money in a regular Savings Account?
Most regular savings accounts operate on Riba (interest). If you can, move your money to a Non-Interest Banking (NIB) account or an Islamic Bank. If you can’t move it yet, you must take that interest and give it to charity—you cannot spend it on yourself, your family, or your bills.
Most regular savings accounts operate on Riba (interest).
If you can, move your money to a Non-Interest Banking (NIB) account or an Islamic Bank. If you can’t move it yet, you must take that interest and give it to charity—you cannot spend it on yourself, your family, or your bills.
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