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Is fixed deposit halaa or haram?

Question: Depositing 500tk or 1000tk by instalment in the DPS account of Islami Bank, the bank gives a definite amount of profit after five years or ten years. Will it be halal to take the profit?


Answer: Islami banks are not actually free of interest. So, taking that profit of the bank will be considered as interest which will not be allowed (jayiz) to take.


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