Prayers & Duties >> Zakat & Charity
Question ID: 3330Country: United Arab Emirates
Answer ID: 3330
Bismillah hir-Rahman nir-Rahim !
(Fatwa: 357/317=B)
If you own nisab you have to pay zakah of the capital and profit both.
(2) As it is unlawful for a bank employee to write interest accounts likewise it is unlawful to give interest loans, and the charge of unlawful work is unlawful.
Allah (Subhana Wa Ta'ala) knows Best
Darul Ifta,
Darul Uloom Deoband, India