Transactions & Dealings >> Interest & Insurance

Question ID: 37133Country: India

Title: I am S Yakub Ahmed I have old age parents of age about 70 years. I work as daily wage employee and get Rs 250 per day at Govt. office on working days

Question: I am S Yakub Ahmed I have old age parents of age about 70 years. I work as daily wage employee and get Rs 250 per day at Govt. office on working days. My problem is my parents have 1 acre (one acre) of land they wish to sell it and deposit the amount in post office or bank and they want to use the monthly interest to survive. Whether it is lawful according to Shariah or is there any other option available for them to use money.

Answer ID: 37133Posted on: Sep 1, 2020

Bismillah hir-Rahman nir-Rahim !

(Fatwa: 459/256/H=1433) They (parents) are not permitted to use the interest amount.

Allah (Subhana Wa Ta'ala) knows Best

Darul Ifta,

Darul Uloom Deoband, India

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Title: I am S Yakub Ahmed I have old age parents of age about 70 years. I work as daily wage employee and get Rs 250 per day at Govt. office on working days

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