Transactions & Dealings >> Interest & Insurance
Question ID: 30161Country: India
Answer ID: 30161
Bismillah hir-Rahman nir-Rahim !
(Fatwa: 421/217/D=1432)
Some Ulama have allowed using interest of fixed deposit for building toilet and other public welfare works, but the preferable opinion according to us is that it is not lawful to spend it in the said heads rather it is necessary to give it in charity to the poor and needy ones without the intention of reward.
Allah (Subhana Wa Ta'ala) knows Best
Darul Ifta,
Darul Uloom Deoband, India