Pearl of Wisdom

in his exposition of rights, said, '...Then, from His right, He, glory be to Him, created certain rights for certain people over others. He made them so as to equate with one another. Some of these rights produce other rights, and some rights are such that they do not accrue except with others.'

Imam Ali ibn Abi Talib [as]
Nahj al-Baldgha, Saying 216

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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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