• Transactions & Dealings >> Interest & Insurance

    Question ID: 13664Country: Kenya

    Title: Assalamualikum, Is it permissable to use intrest money to build Toilet in the Madrasah?

    Question: Assalamualikum, Is it permissable to use intrest money to build Toilet in the Madrasah?

    Answer ID: 13664

    Bismillah hir-Rahman nir-Rahim !

    (Fatwa: 943/943=M/1430)

     

    It is unlawful. The interest amount should be distributed in the poor without any intention of reward:

    لأن سبیل الکسب الخبیث التصدق (شامي)

    Allah (Subhana Wa Ta'ala) knows Best

    Darul Ifta,

    Darul Uloom Deoband, India