• Transactions & Dealings >> Interest & Insurance

    Question ID: 152460Country: india

    Title: Non Islamic bank interest

    Question: I have received some interest money from SBI Bank. I know that it can be given to the poor people. My grandmother is poor and she doesn't receive the money from his children, I have some interest money from bank, can I give that money to her because she is poor and as that money can be given to the poor people in Islam?

    Answer ID: 152460

    Bismillah hir-Rahman nir-Rahim !

    (Fatwa: 1263/1181/SN=11/1438)

     

    If your grandmother is poor and destitute then you may give her interest money but it is better if you support her with your halal income and give the interest money to other poor and needy people.

    Allah (Subhana Wa Ta'ala) knows Best

    Darul Ifta,

    Darul Uloom Deoband, India