Investment that accrues interest

· 24 Dhuʻl-Hijjah 1440 AH1 min readEnglish
Business and DealingsInvestments and shares

Question

I am investing with a group but the investment attracts 3% interest. I know interest is haram.

If the investment makes a profit and my share is given to me, can I reject the 3% of my profit which stands out as the interest to make my profit halaal?

Answer

The safer way will be that if you cannot leave it out then make istighfaar, and the 3 percent of interest give it out to some poor deserving person without the intention of thawaab.

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

Answered by
Mufti Ebrahim Salejee (Isipingo Beach)
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