Banking: Receiving Interest When Banks Have Muslim Shareholders**

Practical Laws of Islam as per the teachings of Imam Khamenei

Banking: Receiving Interest When Banks Have Muslim Shareholders**

English:

Question #1903:

If some of the shareholders of the bank are Muslim, is it permissible to receive the interest?

Answer #1903:

There is no objection to receiving interest from the shares of non-Muslims. It is not permissible to receive interest from the share of a Muslim. That is, where depositing the money with the bank is with the condition of getting interest.

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