Back to search
The question

Is it obligatory to withdraw bank interest from the account, or is it permissible to give the same amount in cash as charity?

Share this answer

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

Depositing money in interest-based banks with an increase is forbidden. Whoever does not find a non-interest-based bank should place their money in a "current account." And whoever is given usurious interest must dispose of it by spending it on charitable causes. It is not permissible for him to deliberately deposit money in an interest-based bank to receive these interests. To dispose of usurious interest, it is not a condition that it be from the exact money deposited in the bank; rather, it is sufficient to give out the amount of forbidden money from a person's wealth in general, for money is not specified by designation, and similarly for .

Summarized from the full answer at Ftawy · imported

Read the full answer on Ftawy
Where this answer came from
Source platform
Ftawy
Original fatwa ID
18077
Imported
Translation status
Source text, unreviewed
Read the full ruling
Read the full answer on Ftawy