AskImamDarul Iftaa Mahmudiyyah (AskImam)
Can I disburse of interest by paying Rands locally against interest earned on a bank account overseas in US Dollars thereby making the US Dollars halaal?
Question
Rand = South African currency
Answer
It is permissible to convert the interest amount of dollars and pay in Rands.
and Allah Ta'ala Knows Best
Mufti Ebrahim Desai
- Answered by
- Mufti Ebrahim Desai
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