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Fixed-Rate Interest-bearing Bank Account
So, won’t it be better that a man keeps his money without any decrease or increase. He takes bank statements at some intervals calculates the charges deductions and balance, withdraws surplus money (profit) divides it among needy.[fr]A: Fixed-rate or otherwise, interest is haram.[/fr] Continue reading
Posted in Halal & Haram
Tagged bank account, Charity, checking, dirty money, distribute riba, donate interest, donate riba, fixed-rate, forbidden, give away interest, give away riba, haraam, haram, impure, impurity, interest, riba, sadaqa, usury
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