Is it permissible to deduct the account statement fees from the added profits, and then spend the remaining profits on charitable causes?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
It appears that the account the questioner is asking about is an interest-bearing account in an interest-based bank. Therefore, its returns and profits are forbidden. These profits are illicit funds that do not legally enter the ownership of the account holder, and it is not permissible for him to spend them on anything that benefits him. Rather, he must dispose of them by giving them to charitable causes and good deeds. The questioner must withdraw his funds from the interest-based bank and deposit them in a bank that does not deal with usury.
Summarized from the full answer at Ftawy · imported
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- Original fatwa ID
- 165291
- Imported
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