Banking: Receiving Bank Prize Money from Savings Accounts

Practical Laws of Islam as per the teachings of Imam Khamenei

Banking: Receiving Bank Prize Money from Savings Accounts

English:

Question #1929:

I deposited a sum of money in a savings account with the national bank. After a while, the bank gave me some money under the title of prize. What is the view on taking receipt of such money?

Answer #1929:

There is no objection to having the prize and to using it.

-Imam Khamenei, Practical Laws of Islam, Importance and Conditions of Banking