AskImamDarul Iftaa Mahmudiyyah (AskImam)

Monetary Help to Muslims with Interest Funds

Fatwa 35835English
Finance and Commerce

Question

Can i give monetory helpto a muslim from the bank interest ?

Answer

In the Name of Allah, the Most Gracious, the Most Merciful.

As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuhu

JazakAllah for your question.

In principle, it is permissible for one to dispense interest funds to a Muslim who is a valid recipient of Zakat.

Kindly refer to Fatwa 21518 on dispensation of interest monies.

And Allah Ta’āla Knows Best

Mufti Ismail Desai,

Checked and Approved,

Mufti Ebrahim Desai

Answered by
Mufti Ismail Desai
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