Q 2: Is it permissible
to deposit money in usurious banks for safekeeping against theft,
then, take it when needed without interest and without paying fees for the depositing process?
A:
It is not permissible to deposit money and the like in usurious banks and institutions, whether bearing interest or not, as it is a kind of supporting wrong and transgression. Allah (Part No. 13; Page No. 347) (Exalted be He) stated:
...but do not help one another in sin and transgression.
Unless a person fears the money would be lost, seized, or stolen, and there is no way to protect it other than putting it in a usurious bank, then, only in such a case, is one allowed to engage in the lesser of the two evils.
May Allah grant us success. May peace and blessings be upon our Prophet Muhammad, his family, and Companions.
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