To Whom Interest Funds May Be Given

· 5 Rabiʻ II 1445 AH1 min readEnglish
Business DealingsMiscellaneous

Question

I would like to enquire who I can give interest money away to. I have accumulated interest money from investments in shares.

Please advise if it can be given to Muslims or non-Muslims.

Answer

Interest money has to disposed of by giving it away in charity to the poor, without the intention of reaping Thawab (reward). When giving such funds away in charity, the most important factor is that one must not, under any circumstances, make an intention of earning reward.

It should ideally be given to poor Muslims who are eligible to accept Zakaat funds. It can however, also be given to poor and deserving non-Muslims. In either case, one should not make an intention of earning reward.

References (Arabic / Urdu sources)

مختصر القدوري (ص: ۸۷)

ولا ربا بين المولى وعبده ولا بين المسلم والحربي في دار الحرب المدرسة العربية الإسلامية .

البناية شرح الهداية (۸/ ٢٩٩)

كنز الدقائق (ص: ٤٣٢)

ولا ربا بين السيد وعبده ولا بين المسلم والحربي

رد المحتار ٦ : ٣٨٥

وَيَرُدُّونَهَا عَلَى أَرْبَابِهَا إِنْ عَرَفُوهُمْ ، وَإِلَّا تَصَدَّقُوا بِهَا لِأَنَّ سَبِيلَ الْكَسْبِ الخَبِيثِ التَّصَدُّقُ إِذَا تَعَذَّرَ الرَّدُّ عَلَى صَاحِبِهِ

معارف السنن – ج ٢ : ٩٥

قال شيخنا ويستفاد من كتب فقهاؤنا كالهداية وغيرها ان من ملك بملك خبيث ولم يمكنه الرد الي المالك فسبيله التصدق علي الفقراء …. قال

والظاهر ان المتصدق بمثله ينبغي ان ينوي به فراغ الذمة ولا يرجوا به المثوبة ، احسن الفتاوى ٧ : ١٦ ، فتاوى محمودية ١٦ : ٣٨١

Approved by
Mufti Muhammed Saeed Motara Saheb D.B.
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