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Fatwa #73204 December 2002United Kingdom

1) Can I ask a Bank for my Interest without having the Nya of spending it for myself but for giving it as a Charity?

Question

1) Can I ask a Bank for my Interest without having the Nya of spending it for myself but for giving it as a Charity?

Answer

It is infact advisable to remove the interest accumulated in one's Bank account and give it to the poor and needy.

and Allah Ta'ala Knows Best

Mufti Ebrahim Desai
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