Mufti Online — Madrasah Ta'leemuddeen

Opening an interest-bearing account for charity purposes

· 23 Dhuʻl-Qiʻdah 1443 AH1 min readEnglish

Question

Is it permissible to open an interest-bearing bank account with the only intention of donating the accrued interest to a non-Muslim cat feeding organisation?

Answer

To deposit money into the bank only in order to receive interest is haraam. Rasulullah (sallallahu alaihi wasallam) cursed the one who accepts interest, the one who pays it, the one who records the transaction, and the witnesses to it, and he said, "They are all equal."

And Allah Ta'ala (الله تعالى) knows best.

References (Arabic / Urdu sources)

وَأَحَلَّ اللّٰهُ الْبَيْعَ وَحَرَّمَ الرِّبَوٰا (سورة البقرة: ٢٧٥)

اَلَّذِينَ يَأْكُلُونَ الرِّبٰوا لَا يَقُومُونَ إِلَّا كَمَا يَقُومُ الَّذِى يَتَخَبَّطُهُ الشَّيْطٰنُ مِنَ الْمَسِّ (سورة البقرة: ٢٧٥)

فَاِنْ لَّمْ تَفْعَلُوا فَاْذَنُوْا بِحَرْبٍ مِّنَ اللّٰهِ وَرَسُولِهِ (سورة البقرة: 279)

یٰۤاَيُّهَا الَّذِينَ اٰمَنُوْا لَا تَأْكُلُوا الرِّبٰوا اَضْعَافًا مُّضٰعَفَةً ، وَاتَّقُوا اللّٰهَ لَعَلَّكُمْ تُفْلِحُونَ (سورة آل عمران: ١٣٠)

عن جابر رضي الله عنه قال لعن رسول الله صلى الله عليه وسلم آكل الربا وموكله وكاتبه وشاهديه وقال هم سواء ( صحيح مسلم، الرقم: 1598)

عن عبد الله بن حنظلة غسيل الملائكة رضي الله عنه قال قال رسول الله صلى الله عليه وسلم درهم ربا يأكله الرجل وهو يعلم أشد من ستة وثلاثين زنية ( مسند أحمد، الرقم: 21957)

عن ابن مسعود رضي الله عنه أن النبي صلى الله عليه وسلم قال الربا وإن كثر فإن عاقبته تصير إلى قل (مسند أحمد، الرقم: 3754)

Answered by
Mufti Ebrahim Salejee (Isipingo Beach)
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Questions about this ruling, answered only from the archive with sources.

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Source: Mufti Online — Madrasah Ta'leemuddeen — https://muftionline.co.za/node/33175
Fatawa SA: https://fatawa.co.za/fatwa/muftionline-33175

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