Transactions & Dealings >> Interest & Insurance

Question ID: 36108Country: India

Title: I have interest money with me, lying in my SB account [this is not fixed deposit but interest received on SB account given by the bank without my demand

Question: I have interest money with me, lying in my SB account [this is not fixed deposit but interest received on SB account given by the bank without my demand. Can I use this money to pay my income tax? NOTE: I am also paying my zakah out of my halal earnings.

Answer ID: 36108Posted on: Aug 31, 2020

Bismillah hir-Rahman nir-Rahim !

(Fatwa: 164/164/M=1433) It is allowable to pay income tax with the interest money received from government bank.

Allah (Subhana Wa Ta'ala) knows Best

Darul Ifta,

Darul Uloom Deoband, India

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Title: I have interest money with me, lying in my SB account [this is not fixed deposit but interest received on SB account given by the bank without my demand

Question: I have interest money with me, lying in my SB account [this is not fixed deposit but interest received on SB account given by the bank without my demand. Can I use this money to pay my income tax? NOTE: I am also paying my zakah out of my halal earnings.

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