Darul Iftaa Mahmudiyyah

Can i dispose of interest money by giving it to the poor?

· 13 Safar 1436 AH1 min readFatwa 31416English

Question

I have a saving (NRE) account in Indian bank. Some interest money
deposited by bank. That money can give to poor (needy) people. It is
permissible ?

Answer

In the Name of Allāh, the Most Gracious, the Most Merciful.

As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.

Yes, dispose the interest money by giving it to the poor as Sadaqah without having the intention of reward.[1]

And Allah Ta‘āla Knows Best

Fahad Abdul Wahab

Student Darul Iftaa
USA

Checked and Approved by,
Mufti Ebrahim Desai.

www.Daruliftaa.net

References (Arabic / Urdu sources)

[1] فتاوي رحيمية ج٩ ص٢٥٦ دار الاشاعت

Answered by
Fahad Abdul Wahab
Checked & approved by
Mufti Ebrahim Desai
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Source: Darul Iftaa Mahmudiyyah — https://askimam.org/public/question_detail/31416
Fatawa SA: https://fatawa.co.za/fatwa/askimam-31416

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