AskImamDarul Iftaa Mahmudiyyah (AskImam)

Can i use interest money to pay my College fees?

· 14 Muharram 1428 AH1 min readFatwa 14859English
Finance and Commerce

Question

Asslamu alkum,if i use intrest for paying fees of my college and i get job on behalf of acquiring knowledge from that particular college, would my salary be halal.

Answer

In the name of Allah, Most Gracious, Most Merciful

Interest money should be disposed off by giving it to a poor and needy person. If you fall in the category of a poor and needy person and qualify to receive zakat, then you may use the money to fulfill your personal needs that includes college fees. Your income through your knowledge and skills will be halal for you.

And Allah knows best

Wassalam

Mufti Ebrahim Desai
Darul Iftaa

Answered by
Mufti Ebrahim Desai
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