Transactions
Should a Balance Be Transferred from an Interest-Based Bank?
Shaykh Muhammad ibn Salih al-Uthaymeen
Local English rendering of the selected Arabic question and answer. The Arabic source remains authoritative; this is not an official published English edition.
Question
A person has a balance in an interest-based bank and wants to transfer it to al-Rajhi Bank. Is he sinful for leaving it there?
Answer (English translation)
We think, as you do, that he should transfer it from the National Bank to al-Rajhi; that is closer to safety.