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Pearl of Wisdom

'When Allah with His Generosity and Benevolence made the obligations a duty upon you, He did not do so for a need He has for them. Rather, it is as a result of the Benevolence He has over you there is no god but he and in order to distinguish between the bad and the good, and to test what is in your chests, and to purify what is in your hearts.?

Imam Hasan ibn Ali al-Mujtaba [as]

Bihar al-Anwar, v. 23, p. 99, no. 3

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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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