Fatwa #3583519 July 2016India
Monetary Help to Muslims with Interest Funds
Question
Can i give monetory helpto a muslim from the bank interest ?
Answer
In the Name of Allah, the Most Gracious, the Most Merciful.
As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuhu
JazakAllah for your question.
In principle, it is permissible for one to dispense interest funds to a Muslim who is a valid recipient of Zakat.
Kindly refer to Fatwa 21518 on dispensation of interest monies.
And Allah Ta’āla Knows Best
Mufti Ismail Desai,
Checked and Approved,
Mufti Ebrahim Desai