Can the owner now use the money?
Published as Giving Interest Money As Zakaah!
Question
Someone has interest money, which he then gives to a poor person as a gift on condition that the person returns some to him as a gift. The poor person then accepts it and returns it to the original owner. Can the owner now use the money?
Answer
This scheme to make the interest money halaal is not acceptable and will not be halaal for the person.
References (Arabic / Urdu sources)
Fataawa Rahimiyya Vol 3, page 248
Where scholars differ, it’s safer to take the more cautious view.
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Source: Darul Uloom Newcastle — https://darululoomnewcastle.co.za/giving-interest-money-as-zakaah/
Fatawa SA: https://fatawa.co.za/fatwa/newcastle-1794
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