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Pearl of Wisdom

'There are three types of people who will be shaded by Allah's Throne on the Day when no shade will avail apart from f the one who arranged the marriage of a fellow Muslim brother, or served him in some way, or concealed his Muslim brother's faults [from others].'

Imam Musa ibn Jafar al-Kadhim [as]

al-Khisal, p. 141, no. 162

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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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