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By abbasgulam
#17618
salaam Sheikh

Please advise if having a fixed deposit account in a bank is permissible?

I have received conflicting answers from others.
By abbasgulam
#17635
Salaam

Please advise if having a fixed deposit account is haraam? if yes than the reason for it? And if it is permissible, then any conditions?
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By Sh.SaqalainAbbas
#17767
Waalikumassalam
It is permissible and the interest given by the bank is halal from non-Muslim (private or state-owned) banks reason Allah knows better about his creation we have to submit and follow the rules

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