Letter

To the Finance Minister and the Bank Indonesia Governor

I AM seeking enlightenment from the Finance Minister and the governor of Bank Indonesia: Is it ethical or halal (permissible for Muslims) for a bank to declare that money deposited by an account holder has been used up, just like that?

I read in the media that at every closing of the books at the end of the year banking institutions announce hundreds or even trillions of rupiah in profits.

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