Is It Permissible to Receive Salaries Through Riba-Based Banks?
- Muiz As-Siddeeqi
- May 11
- 1 min read
Is It Permissible to Receive Salaries Through Riba-Based Banks?
Question to Shaykh Ibn Baaz:
There are many questions related to riba (usury), among them is the concern about receiving salaries through riba-based banks. What is your opinion, your eminence?
Shaykh Ibn Baz Answer:
There is no harm in this. Receiving salaries through banks does not harm because the employee is not the one who placed it there for riba purposes. Rather, it is the decision of the authorities to deposit the salaries there for safekeeping until they are withdrawn. Similarly, funds that are transferred through banks from one country to another, or from one state to another, are also permissible due to the need for such services.
What is prohibited is when one engages in riba or assists in it. But merely keeping one's money in the bank out of necessity—due to the absence of another place to store it, or for other reasons—and without dealing in riba, or transferring money through the bank, then there is no harm in that in shāʾ Allāh (God willing), and it is not objectionable.
However, if the state were to deposit salaries somewhere other than the banks, it would be safer and better.
[Majmūʿ Fatāwā wa-Maqālāt of Shaykh Ibn Bāz, 7/295]
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