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Pearl of Wisdom

ORIGINAL SOURCE MISSING DATA XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX i, 'Certainly Allah has is creation, so He has in me to take into food, my drink, and my weak people [of the community], so that the poor may follow me in my poverty and the wealth of the rich does not embolden them to intimidation.'

Author Unknown

Bihar al-Anwar, v. 40, p. 336, no. 17

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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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