Pearl of Wisdom

'By Allah I would love to sacrifice the meat of my forearm for two vices of our followers: heedlessness and little concealment [of secrets].'

Imam Ali ibn Hussain Zayn al-'Abidin [as]
al-Kafi, v. 2, p. 221, no. 1

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Question : #438 Category: Business / Investment
Subject: Interest bank accounts
Question: If I know that the bank will give me interest even without stipulating the conditions, is it permissible for me to deposit in a savings account that takes the form of a term-deposit?
Answer: Yes, it is permissible, as long as you do not stipulate the conditions of interest.

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