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Pearl of Wisdom

When al-Qa'im will rise, faith will be presented to every person who declares enmity towards the Ahl al-Bayt. If he enters it truly [well and good], but if not, then he will be beheaded lest he pays the poll-tax as do the people of the covenant today. A girdle will be tied onto his waist and he will be exiled from the towns to its outskirts.'

Imam Muhammad ibn Ali al-Baqir [as]

al-Kafi, v. 8, p. 221, no. 288

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Question : #438

Category: Business / Investment

Subject:	Interest bank accounts
Question:	If I know that the bank will give me interest even without stipulating the conditions, is it permissible for me to deposit in a savings account that takes the form of a term-deposit?
Answer:	Yes, it is permissible, as long as you do not stipulate the conditions of interest.

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