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Posted By Topic: Checking Accounts? Interest Free?

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12-07-2004 @ 10:00 PM    Notify Admin about this post
‎‎‎ ‎‎‎ ‎‎‎‎‎ Zaahir bin Hernandez (Newark,N.J.(Amreekaa))
Posts: 187
Joined: Nov 2002
As salaamu 'alaikum

I was in search of a post dealing with "checking accounts". I thought I had seen something a while ago on this subject. I have a few questions.

  Is it really "Interest Free"?  Is there someone who has knowledge in this field that can answer?  Can we put our money in these Interest Free Checking Accounts?

BarakAllaahu feekum

السلام عليكم ورحمةالله

زاهر(Zaahir Al Buerto Riki)
سبحانك اللهم وبحمدك
أشهد أن لا إله إلا أنت
أستغفرك وأتوب إليك

This message was edited by zaahir.abd on 2-10-05 @ 1:50 PM

15-07-2004 @ 1:39 AM    Notify Admin about this post
Abu Khadijah Abdurrahman ibn Tony (Springfield Gardens, NY USA)
Posts: 153
Joined: Sep 2002
Wa alaikumussalam

As far as I know there is a such thing as interest free checking accounts. Some banks will charge you a monthly fee to keep your money while others may have free checking but there is a way to keep your money in a bank interest free. However, Allah is the Protector so if it is not a great deal of money you may want to save it yourself baarakallahu feekum.

Abu Khadijah Abdurrahman ibn Tony Curtis Lawson

This message was edited by al.Arabaanee on 7-19-04 @ 3:51 AM

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