• Transactions & Dealings >> Interest & Insurance

    Question ID: 38112Country: India

    Title: I am Muslim boy, just started working after completing my education

    Question: I am Muslim boy, just started working after completing my education. My parents are having accounts in the bank, interest comes from those account. My salary also is deposited in saving account. I do not want to have interest; I want to be free our side from it. What is the possible way of Kaffarah that should be paid if I calculate all the interest amount of my parents? Till date for my case, no interest I have taken. Also tell me the way of paying kaffarah and to whom should we pay to get rid of torment of hell?

    Answer ID: 38112

    Bismillah hir-Rahman nir-Rahim !

    (Fatwa: 771/651/B=1433) It is not lawful to give up the interest amount in a non-Muslim bank. It should be withdrawn after calculation and later it should be given to needy and poor ones or any miserable debtor without the intention of reward. Do not use it, it is its kaffarah.

    Allah (Subhana Wa Ta'ala) knows Best

    Darul Ifta,

    Darul Uloom Deoband, India