Opening a bank account
Question:-
I’d like to enquire which bank would Mufti Sahib advise us to use in South Africa ?
Answer:-
We are permitted to open a banking account with the intention of safekeeping and protecting our funds. It is not permissible to open an account with the intention of accruing interest. Since your intention will be safekeeping only, you may utilize any bank that is most convenient for you.
ALLAH TA’ALA KNOWS BEST!
ANSWERED BY:
Mufti Mohammed Desai
Date: 01 Jumadal Ukhra 1444 / 25 December 2022
