Darul Iftaa Mahmudiyyah

Can I give monetory helpto a muslim from the bank interest?

Published as Monetary Help to Muslims with Interest Funds

· 14 Shawwal 1437 AH1 min readFatwa 35835English

Question

Can i give monetory helpto a muslim from the bank interest ?

Answer

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

As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuhu

JazakAllah for your question.

In principle, it is permissible for one to dispense interest funds to a Muslim who is a valid recipient of Zakat.

Kindly refer to Fatwa 21518 on dispensation of interest monies.

And Allah Ta’āla Knows Best

Mufti Ismail Desai,

Checked and Approved,

Mufti Ebrahim Desai

Answered by
Mufti Ismail Desai
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Source: Darul Iftaa Mahmudiyyah — https://askimam.org/public/question_detail/35835
Fatawa SA: https://fatawa.co.za/fatwa/askimam-35835

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