Transactions & Dealings >> Interest & Insurance

Question # : 156838

India

(1) Can bank interest money be given to a poor Muslim?
(2) I am planning to buy an ambulance for public welfare. Can I use bank interest money with the money I have kept for buying ambulance for poor & needy? Please guide me.

Answer : 156838

Published on: Dec 14, 2017

بسم الله الرحمن الرحيم



(Fatwa: 390/312/B=3/1439)



 



(1) Yes, you may give him.



(2) It is not lawful to include interest amount in the amount which you have saved for buying ambulance. It is not lawful to spend interest money for public welfare.




Allah knows Best!


Darul Ifta,
Darul Uloom Deoband

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