Pearl of Wisdom

'A man with little experience and admiration of his own opinion must not aspire for power.?

Imam Ja'far ibn Muhammad al-Sadiq [as]
al-Khisal, p. 434, no. 20

Latest Answers

Receive Qul Updates

Name:
Email:



Ask Qul - QA
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.

If you require further clarification on this answer, please use the feature to respond to the stated answer.
Copyright © 2018 Qul. All Rights Reserved.
Developed by B19 Design.