1) Can I ask a Bank for my Interest without having the Nya of spending it for myself but for giving it as a Charity?

· 29 Ramadan 1423 AH1 min readFatwa 7320English
Finance and Commerce

Question

1) Can I ask a Bank for my Interest without having the Nya of spending it for myself but for giving it as a Charity?

Answer

It is infact advisable to remove the interest accumulated in one's Bank account and give it to the poor and needy.

and Allah Ta'ala Knows Best

Mufti Ebrahim Desai

Answered by
Mufti Ebrahim Desai
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