Title: My question is regarding intrest(riba).i have heard from a mufti saheb that a muslim can take intrest from non muslims but he cannot give intrest to non muslims.a muslim should not leave his profit for non muslims as it will help the forces of evil.this fatwa was supported by hadith .can you please give a detailed reply on this matter

Question: respected mufti saheb as salaam alaikom my question is regarding intrest(riba).i have heard from a mufti saheb that a muslim can take intrest from non muslims but he cannot give intrest to non muslims.a muslim should not leave his profit for non muslims as it will help the forces of evil.this fatwa was supported by hadith .can you please give a detailed reply on this matter

Answer ID: 4309Posted on: Sep 1, 2020

Bismillah hir-Rahman nir-Rahim !

(Fatwa: 605/565L/1429)

It is unlawful for a Muslim to take interest from a non-Muslim too. The ruling written by you is about bank interest i.e. if any Muslim has deposited money in a bank or a post office for the purpose of safety, and the bank or the post office gives interest as per its rules, then it is not allowed to give up that interest money there but it is essential to withdraw it from the bank or post office because if the money is not withdrawn then it can be spent in anti-Islamic or anti-Muslim directions. Therefore, one should withdraw that amount and spend it on the poor and needy without any intention of reward.