Interest Earned On A Bank Account Used To Pay Bank Charges
Question
Can I use the interest earned on my bank accont to pay off the bank charges?
Answer
Bank charges are a legitimate fee that the bank levies for services that are rendered by them. By utilizing interest to pay these charges, you are taking benefit from the interest; hence this will not be permissible.
- Approved by
- Mufti Muhammed Saeed Motara Saheb D.B.
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