Disposing of one bank’s interest from another bank’s account

· 4 Rabiʻ II 1437 AH1 min readEnglish
BusinessFiqhGeneral

Question

Assalaamualaikum,respected mufti Saheb. I have interest money to dispose off in one bank account. However I do not have access to those funds. Can I dispose of the interest from another account ? Or do I have to dispose of it from the account where it has accrued. Shukran

Answer

In the enquired case, it is preferred to dispose of the interest money from the bank that it was accrued in. However, if the interest of one bank account is disposed of from another account or source, it will be permissible to do so. (Shaami 2/290)

And Allah Ta’ala Knows Best

Answered by
Mufti Ismaeel Bassa
Checked by
Mufti Ebrahim Desai
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