Title: My brother owns a building space which he intends to rent out. Can he rent it to a bank for conducting its business. Since banks deal in interest for SB accounts and loans etc., he wants to know whether the rent received from bank is halal.

Question: My brother owns a building space which he intends to rent out. Can he rent it to a bank for conducting its business. Since banks deal in interest for SB accounts and loans etc., he wants to know whether the rent received from bank is halal.

Answer ID: 5851Posted on: Sep 1, 2020

Bismillah hir-Rahman nir-Rahim !

(Fatwa: 404/404=M/1429)

When you know it already that banks do interest-based transactions and their system is based on interest, then it is not correct to rent a building to bank, since helping in sin is sin, as Allah Almighty says: ولاتعاونوا علی الإثم و العدوان (سورة مائده)

Your brother should rent the building to one doing lawful business.