AskImamDarul Iftaa Mahmudiyyah (AskImam)
Is it permisable to use interest money to pay for brokerage and share purchasing expenses? Also to pay for bank charges?
Question
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Is it permisable to use interest money to pay for brokerage and share purchasing expenses? Also to pay for bank charges?
Answer
No, it is not permissible to use interest for this purpose.
Interest should be given away to the poor without any intention of reward.
and Allah Ta'ala Knows Best
Mufti Muhammad Kadwa
FATWA DEPT.
- Answered by
- Mufti Muhammad Kadwa
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