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The question

Is it permissible to distribute usurious gains resulting from the sale of a taxi—the price of which was deposited in a usurious bank in the name of one of the minor heirs—to needy siblings for their education and to help them with life's circumstances?

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

First: The taxi registered by the father in the name of his young son for insurance purposes, and not as a gift, is considered part of the inheritance, and all heirs share in it.

Second: Usurious interest must be disposed of by spending it on public welfare or charitable causes. It is not permissible for the one disposing of it to benefit from it himself, unless he is poor and needy, in which case he may take from it what suffices his need. It is permissible for the one disposing of it to give it to his poor siblings who do not inherit from him, or to pay off their debts. If the taxi was owned by the heirs and its price was deposited in a usurious bank, then the interest reverts to all heirs, and each of them must dispose of their share by giving it to their siblings who do not inherit from them. If the needy take their share of the interest and spend it on themselves due to their poverty, that is permissible.

Summarized from the full answer at Ftawy · imported

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Source platform
Ftawy
Original fatwa ID
18470
Imported
Translation status
Source text, unreviewed
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