Using interest money to offset bank charges

· 11 Rajab 1439 AH1 min readEnglish
Business and DealingsInterest and GamblingInterest money

Question

Can you use interest money to offset bank charges?

Answer

It is not permissible to use interest to pay for any service. Interest should be disposed of by giving it to the poor without the intention of receiving reward.

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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