Is it permissible for an Islamic charitable organization to receive bank interest from Muslim donors who wish to dispose of it, and what are its legitimate uses if it is acceptable?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
The benefits of banks and forbidden money that has no owner must be spent on the welfare of Muslims. So, it should be given to charitable organizations or trustworthy and disciplined individuals to spend it on those causes.
Summarized from the full answer at Ftawy · imported
Read the full answer on Ftawyhttps://ftawy.com/en/questions/34680
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- Original fatwa ID
- 34680
- Imported
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