QuestionsCategory: Character & Moralsis-it-halal-for-us
Usaid asked 12 months ago

As-salaamu ‘alaykum  its me Usaid and my question is ” Is it halal in islam to deposit money in banks(Saving Accounts) and get monthly profit over moreever there are two banking sceniro one bank is giving you the constant profit over the years like on the time of agreement theay say its 8% per month and it ll stay constant over the deal period no loss sceniro while some other bamks have varaible profit sceniro like they say profit wll vary every month say like 2-8% and there is also loss sceniro its not mandatory u ll get ur profit every month one or two odd months ll be there and u ll lose some money as well.So i wanna ask which saving scheme is halal ?