Can I dispose of the interest from another account?
Published as Disposing of one bank’s interest from another bank’s account
Question
Assalaamualaikum,respected mufti Saheb. I have interest money to dispose off in one bank account. However I do not have access to those funds. Can I dispose of the interest from another account ? Or do I have to dispose of it from the account where it has accrued. Shukran
Answer
In the enquired case, it is preferred to dispose of the interest money from the bank that it was accrued in. However, if the interest of one bank account is disposed of from another account or source, it will be permissible to do so. (Shaami 2/290)
And Allah Ta’ala Knows Best
- Answered by
- Mufti Ismaeel Bassa
- Checked 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 Jamiatul Ulama KZN. 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: Jamiatul Ulama KZN — https://jamiat.org.za/disposing-of-one-banks-interest-from-another-banks-account/
Fatawa SA: https://fatawa.co.za/fatwa/jamiat-18940
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