Please advise if interest money could be used to build a house for a poor muslim or what else could interst money be used for.
Question
Please advise if interest money could be used to build a house for a poor muslim or what else could interst money be used for.
Answer
In the name of Allah, Most Gracious, Most Merciful
Assalaamu `alaykum waRahmatullahi Wabarakatoh
The actual ruling of interest and all haram money is that it should be returned to the owner. If that is not possible, then it will be necessary to give it in charity without the intention of reward, or it may be used for public utilities for example digging public wells, averting oppression etc.
(Rad Al-Muhtar 385/6 H M Saeed)
(Fatawa Mahmudiya 435/18 Jamia Faruqiya)
(Jadid Fiqhi Masa'il 420/1 Naemiyah)
And Allah knows best
Wassalam
Ml. Ahmed Mohomed Pandor,
Student Darul Iftaa
Checked and Approved by:
Mufti Ebrahim Desai
Darul Iftaa
References (Arabic / Urdu sources)
وعلى هذا قالوا لو مات الرجل وكسبه من بيع الباذق أو الظلم أو أخذ الرشوة يتورع الورثة ، ولا يأخذون منه شيئا وهو أولى بهم ويردونها على أربابها إن عرفوهم ، وإلا تصدقوا بها لأن سبيل الكسب الخبيث التصدق إذا تعذر الرد على صاحبه
- Answered by
- Ml. Ahmed Mohomed Pandor
- Checked & approved by
- Mufti Ebrahim Desai
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 Darul Iftaa Mahmudiyyah. 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.
Source: Darul Iftaa Mahmudiyyah — https://askimam.org/public/question_detail/15945
Fatawa SA: https://fatawa.co.za/fatwa/askimam-15945
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