Disposing of interest money from different bank accounts

· 11 Dhuʻl-Qiʻdah 1438 AH1 min readEnglish

Question

I have 5 bank accounts in india and all are giving interest on my deposited money. when i got interest i will write in my diary date and amount and after all banks have given interest i will add and sent all the amount to charity like patient or orphan for education etc. but this amount i will sent from one bank. my question is my method do doing interest money is correct or shall i withdraw cash from each bank separtely and pay for charity. please expplain the right method of interest payment.

Answer

It is permissible as long as that amount is given out.

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

Answered by
Mufti Ebrahim Salejee (Isipingo Beach)
Questions about this ruling, answered only from the archive with sources.

Where scholars differ, it’s safer to take the more cautious view.

Fatawa SA is an independent, read-only index of fatawa already published by Mufti Online — Madrasah Ta'leemuddeen. It is not a fatwa service. For your own situation, please ask a Mufti. Report an issue

For corrections or mistakes, please email us at fatawasa786@gmail.com.

People also ask

What should I do with bank interest?

“The receiving and giving of interest is totally impermissible. In the unfortunate event of being involved in an interest bearing transaction, the interest money must be returned to its original owner (the one from whom interest…”

MUBZ · 321 fatawa from 9 Darul Iftas on this

What the Darul Iftas say