Fatwa #288375 April 2014Pakistan
What should one do with interest money in his bank account?
Question
my question is that i have a bank account which is PLS based. usually on monthly basis i receive an interest amount on the balance available. question is can i give that interest amount to a needy second can i give this amount for building a masjid
Answer
In the Name of Allah, the Most Gracious, the Most Merciful.
As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.
You may give the interest money to the poor and needy but not for building a masjid.[1]
And Allah Ta’āla Knows Best
Muhammad Haris Siddiqui
Student Darul Iftaa
Melbourne, Australia
Checked and Approved by,
Mufti Ebrahim Desai.
[1] فتاوی حقانيۃ - 6\197 جامعہ دار العلوم حقانيہ اکوڑہ خٹک
خير الفتاوی 6\443 – مکتبہ امھداديہ
محمود الفتاوی 3\60 – مکتبۂ انور
فتاوی محموديہ 24\346 – مکتبہ محموديہ
مسائل رفعت قاسمی 6\44 – حامد کتب خانہ کراچی