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Renting to Bank

Answered as per Hanafi Fiqh by Askmufti.co.za

Q: Is it permissible to rent out our premises to the bank?

A. Letting premises to banks is not allowed, for the core income and basis of all dealings of banks is interest (Ribaa).

Mufti Siraj Desai

This answer was collected from AskMufti.co.za, which is operated under the supervision of Mufti Siraj Desai of Darul-Uloom Abubakr, South Africa.

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