Saving money in a monthly deposit account

Q:  Can we save money in margadarshi like monthly deposit. Is it permissible?

A: If there is no interest involved and there is no other haraam then it is permissible.

And Allah Ta'ala (الله تعالى) knows best.

 

Answered by:

Mufti Ebrahim Salejee (Isipingo Beach)

Labels: