The bank adding points to those who deposit in it and paying money for these points

A: The abovementioned system is the very Riba-based interest and changing its name does not change its reality. (Part No. 13; Page No. 369) It is obligatory that Muslims should be on their guard against this and similar transactions, because Allah made Riba Haram (prohibited) and gave strongly-worded threats about it many times in the Qur’an. The Prophet (peace be upon him) also warned against dealing with Riba and cursed those who take Riba, pay it, write it down, and the two who witness it. We ask Allah to keep you and us safe from it. May Allah grant us success. May peace and blessings be upon our Prophet Muhammad, his family, and Companions.