Transactions & Dealings >> Interest & Insurance
Question ID: 67300Country: India
Answer ID: 67300Posted on: Aug 31, 2020
Bismillah hir-Rahman nir-Rahim !
(Fatwa: 1174/1242/L=11/1437)
In the question mentioned above, it is not lawful for you to give him interest money as compensation.
Allah (Subhana Wa Ta'ala) knows Best
Darul Ifta,
Darul Uloom Deoband, India
Since the income tax system in india has give relaxation for income invested in mutual fund or others, could you please help me with the investor where i can invest my money to save Income tax.
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