Disposing of interest money in one's bank account

· 21 Dhuʻl-Hijjah 1440 AH1 min readEnglish

Question

I have a savings account in a bank in India. Every 3 to 6 months different amounts of interest money is credited to my account.

1. Can I give this money to a poor man without seeking thawab?

2. Can I give it to repair or maintain the toilets in a masjid?

3. Can I use it for maintaining or cleaning the road infront of my house?

4. Can I use the interest money to maintain the minimum balance in my account?

5. Can I use the money to pay the annual bill collected for using the debit cards?

Answer

1. Yes.

2. No.

3. No.

4. Precaution requires that you avoid this.

5. No.

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