• Transactions & Dealings >> Interest & Insurance

    Question ID: 48144Country: India

    Title: Interest of masjid funds.

    Question: My question is regarding the interest amount of funds of masjid kept in any bank. For which work this interest amount can be used. Can toilet for masjid be constructed using interest amount of the mosque’s fund kept in the bank?

    Answer ID: 48144

    Bismillah hir-Rahman nir-Rahim !

    (Fatwa: 1296/1296/M=11/1434) The interest money should be withdrawn from the bank and given to the poor and needy ones without the intention of reward. This money should not be used for the construction of mosque toilets. لأن سبيل الكسب الخبيث التصدق الخ (شامى)

    Allah (Subhana Wa Ta'ala) knows Best

    Darul Ifta,

    Darul Uloom Deoband, India