Pearl of Wisdom

'Umm Salama, the wife of the Prophet (SAWA), was once asked about [the status of] 'Ali b. Abi Talib (AS), to which she replied, 'I have heard the Prophet (SAWA) say, 'Verily 'Ali and his shi'a are the victorious ones.?

Imam Muhammad ibn Ali al-Baqir [as]
Ibid. p. 41

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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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