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riba

  1. #1
    AnonymousPoster's Avatar Full Member
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    riba

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    what do u do if u have a bank account that has interest in it which is like a couple of cents a month?? is it still haram?? are there any banks whihc allow u to open an account without interest, keep inmind i live in toronto,Canada.
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    Re: riba

    I was told if it's negligible, then it isn't worth worrying about. It kind of makes sense.

    If you were a nasty landlord skinning your poor tenants with some ridiculously high interest, that's not Islamic.

    Please someone tell me if I'm wrong - but considering the amount of money banks are making, getting a bit of interest from them is not being unkind to them!
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    Re: riba

    i think you can tell your bank that you do not want any interest...
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    Re: riba

    you might be able to open a checking account instead of a savings account. that's what i have and i don't get any interest at all.
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    Re: riba

    I have had no problems with my bank --- i just went in and told them i dont want any interest however minimal coming into my account.

    All they do is put some code in over the teller system and thats that --- they dont mind thats a few extra cents they get to keep in their pockets.
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    Re: riba



    I never understood what the point was of a few cents interest. I mean, serious, what a joke!
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