Back to search
The question

What is the ruling on taking the interest amount resulting from government compensation payments for a demolished house? Is it considered a permissible currency exchange difference or forbidden usurious interest?

Share this answer

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

The depreciation of the currency and the state's procrastination in debt repayment do not justify taking prohibited usurious interest (riba). This interest must be spent on general Muslim welfare, such as for the poor and the needy. A needy, poor person may take from this interest according to their needs.

Summarized from the full answer at Ftawy · imported

Read the full answer on Ftawy
Source platform
Ftawy
Original fatwa ID
63662
Imported
Translation status
Source text, unreviewed
Read the full ruling
Read the full answer on Ftawy