Paying taxes with interest money

· 13 Shawwal 1437 AH1 min readEnglish
Business and DealingsInterest and GamblingInterest moneyinterest moneytaxes

Question

Will it be correct to pay taxes and duties imposed by govt. in India (such as income tax, sales tax, service tax, dutis on commodities etc.) from interest given automatically on ordinary saving accounts by the banks in India? Particularly where a bank account is compulsorily required.

Answer

Some Ulama have allowed the paying of taxes with interest money.

And Allah Ta'ala (الله تعالى) knows best.

Answered by
Mufti Zakaria Makada
Checked & approved by
Mufti Ebrahim Salejee (Isipingo Beach)
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