The ruling on renting Places to Riba Banks
Category: Riba, Loans and Working in Banks

The ruling on renting Places to Riba Banks


Question :

I own a building and one of the banks made an offer to rent it. Since this bank is one of the banks that deal in Riba, is it permissible for me to rent the property to this bank and similar organizations that deal in Riba or not?


Answer:

That is not permissible, because the mentioned bank will use this place as an abode to deal in forbidden Riba. Renting the place to the bank for this purpose is cooperating with it in doing a forbidden act. Allâh, the Most High said:
"And cooperate in righteousness and piety, and do not cooperate in sin and transgression."

And success is from Allâh. May Allâh send blessings and peace upon our Prophet Muhammad, his family and his Companions.


Source:
The Permanent Committee
Fatawa Islamiyah, Vol. 3 Page 439

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