• Transactions & Dealings >> Interest & Insurance

    Question ID: 43945Country: United States of America

    Title: Interest Amount for Gift to cousin sister

    Question: Can we give gold items as gifts to Uncle's daughter for her marriage from interest money that earned from savings account (SBI)? Please note that my uncle is not a miskin or poor. But my uncle's daughter may be.

    Answer ID: 43945

    Bismillah hir-Rahman nir-Rahim !

    (Fatwa: 350/350/M=1434) If the daughter of your uncle is poor and needy then you may give her the interest money from bank without the intention of reward and she can use that money where she wishes.

    Allah (Subhana Wa Ta'ala) knows Best

    Darul Ifta,

    Darul Uloom Deoband, India