1) Can I ask a Bank for my Interest without having the Nya of spending it for myself but for giving it as a Charity?

· 29 Ramadan 1423 AH1 min readFatwa 7320English

Question

1) Can I ask a Bank for my Interest without having the Nya of spending it for myself but for giving it as a Charity?

Answer

It is infact advisable to remove the interest accumulated in one's Bank account and give it to the poor and needy.

and Allah Ta'ala Knows Best

Mufti Ebrahim Desai

Answered by
Mufti Ebrahim Desai
Questions about this ruling, answered only from the archive with sources.

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.

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