AskImamDarul Iftaa Mahmudiyyah (AskImam)
Can i dispose of interest money by giving it to the poor?
Question
I have a saving (NRE) account in Indian bank. Some interest money
deposited by bank. That money can give to poor (needy) people. It is
permissible ?
Answer
In the Name of Allāh, the Most Gracious, the Most Merciful.
As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.
Yes, dispose the interest money by giving it to the poor as Sadaqah without having the intention of reward.[1]
And Allah Ta‘āla Knows Best
Fahad Abdul Wahab
Student Darul Iftaa
USA
Checked and Approved by,
Mufti Ebrahim Desai.
www.Daruliftaa.net
References (Arabic / Urdu sources)
[1] فتاوي رحيمية ج٩ ص٢٥٦ دار الاشاعت
- Answered by
- Fahad Abdul Wahab
- Checked & approved by
- Mufti Ebrahim Desai
Fatawa SA is an independent, read-only index of fatawa already published by Darul Iftaa Mahmudiyyah (AskImam). It is not a fatwa service. For your own situation, ask the issuing Darul Ifta directly.