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The question

Is it permissible to give usurious bank interest to friends as a wedding gift to help them?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

It is not permissible for a Muslim to deposit money in an interest-based (usurious) bank, whether with or without interest. Repentance is obligatory, and the money must be withdrawn. If compelled, one may deposit it in a current account without interest. The interest generated from the deposit is not lawful for the account holder, and it must be disposed of by spending it on general Muslim welfare, such as orphanages, or for the poor and needy, including the questioner's friends if they are poor.

Summarized from the full answer at Ftawy · imported

Read the full answer on Ftawy
Source platform
Ftawy
Original fatwa ID
98104
Imported
Translation status
Source text, unreviewed
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