• Transactions & Dealings >> Interest & Insurance

    Question ID: 39421Country: India

    Title: My question is that can I donate the amount of interest in madrasa and if I had already done it what should be done now

    Question: My question is that can I donate the amount of interest in madrasa and if I had already done it what should be done now.

    Answer ID: 39421

    Bismillah hir-Rahman nir-Rahim !

    (Fatwa: 990/990/M=1433) If there are poor and needy students in the madrasa then the interest money may be given to them but it is better not to give such malevolent money to the students of Islamic madrasa.

    Allah (Subhana Wa Ta'ala) knows Best

    Darul Ifta,

    Darul Uloom Deoband, India