Darul Iftaa Mahmudiyyah

we invested in ISA's, we found out the profit is haraam for us due to it being invested in wine etc. can we use this money for paying household bills? could we donate this money to non-muslims?

· 30 Dhuʻl-Hijjah 1423 AH1 min readFatwa 8015English

Question

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we invested in ISA's, we found out the profit is haraam for us due to it being invested in wine etc. can we use this money for paying household bills? could we donate this money to non-muslims?

Answer

In principle, the profits accrued from a Haraam investment is also Haraam (strictly prohibited). The investor should terminate the investment and keep his capital contribution.

The profits accrued from the Haraam investments must be disposed off by giving it in charity to poor and needy Muslims. It is not permissible to use the money for any personal use including the paying of household bills.

and Allah Ta'ala Knows Best

Mufti Ebrahim Desai

Answered by
Mufti Ebrahim Desai
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Source: Darul Iftaa Mahmudiyyah — https://askimam.org/public/question_detail/8015
Fatawa SA: https://fatawa.co.za/fatwa/askimam-8015

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