One: It is haraam to deposit money in an interest-bearing bank without the need to save money. For that, it should be limited to depositing money in (current bank's) current account. It is not permissible to deposit money in an interest-bearing bank savings account ; Even if it does not accept interest. Because depositing money in a savings account means: giving interest based loan to the bank. This is not the case with current accounts. Because even though it is a cooperation for the bank, the depositor is not bound by the interest agreement with the bank. The Fatwas of the Standing Committee (13/346) stated: " It is not permissible to deposit money and other such interest-bearing banks or interest-bearing institutions , whether the deposit is interest-based or interest-free. Allaah says (interpretation of the meaning): “You shall not co-operate in sin and transgression . [Finished] Two: It is permissible to invest in all the banks whose transactions are conducted in a perfectly Shariah-compliant manner. There is no difficulty in benefiting any sector with the dividend of such transaction. Purchases interest-based government bonds , as per the annual report published on the bank's website. Therefore , it is not advisable to invest in the said bank. It can be eaten. And if it can be kept in a better and cleaner bank then that is better.