Mufti Online — Madrasah Ta'leemuddeen

Where do we have to spend bank interest money?

Published as Interest money

· 23 Rabiʻ II 1435 AH1 min readEnglish

Question

Where do we have to spend bank interest money? Many are suggesting to give to a poor person. Kindly reply in accordance with Hanfi maslak.

Answer

Interest money should be disposed off through giving it to the poor without the intention of receiving reward.

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

Answered by
Mufti Zakaria Makada
Checked & approved by
Mufti Ebrahim Salejee (Isipingo Beach)
View original Compare with other Darul Iftas
Questions about this ruling, answered only from the archive with sources.

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Source: Mufti Online — Madrasah Ta'leemuddeen — https://muftionline.co.za/node/5815
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