• +27 11 413 2785/6

Storage Of Money


What is the best option that is advised for a female to store her personal money?


She may use any permissible means to store her personal money (like getting a safe). She may also keep it by a trustworthy person, who lives in a secure place and has the means to secure her money. If none of this is a viable option for her, she may rent a deposit box in a bank to store her money. If this is also not a viable option, she may open a current account in the bank that does not accumulate interest. As a last resort, when none of the options are viable, she may open a savings account. She must constantly make Tawbah and she must dispose of any interest money that accumulates in her account as soon as it comes in.

Checked and Approved By:

Mufti Muhammed Saeed Motara Saheb D.B.

Related Fatawa
Hunting With A Rifle

Question Please explain the rules of hunting with a rifle. Answer The ruling regarding hunting with a rifle is same Read more

Extracting Body Parts For Medical Studies

Question A Muslim person works in medical research. To further research in eye treatment, he is required to extract eyes Read more

Removing Toiletries From Hotel Rooms

Question Will it be permissible to remove toiletries (soaps/shampoo) from the hotel rooms and bring them home? Answer This will Read more

A Man Spending On His Mother

Question My mother is a widow who lives in Bangladesh. I like to give money to her on regular basis. Read more

A Male Taking A Female Student’s Quraan Examination

Question Can you please advise if a female is allowed to give Quraan Imtihaan (examination) to a Moulana from behind Read more

Darul Ifta - Darul Uloom Azaadville - Madrasah Arabia Islamia