Back to search

Is it permissible for me to continue using usurious interest money to pay for expensive university tuition fees, given that I have no other source of income, and that I inherited this money from my father and it was deposited in a usurious bank by order of the Hasbi Council?

1 min readAlso available in العربية

It is not permissible to deposit money in banks for interest, as this constitutes an usurious transaction. Therefore, the money must be withdrawn from the usurious bank and invested in permissible projects or deposited in an Islamic bank. It is not permissible to own usurious interests; rather, they must be spent on the welfare of Muslims, such as the poor and the needy.

However, if it is impossible to withdraw the amount, such as not reaching the legal age or the supervisory board for minors not approving, and there is no permissible income available, then it is permissible to take what covers essential needs like food, drink, and clothing. Similarly, if education is necessary and abandoning it causes hardship and difficulty, it is permissible to take what covers its expenses; because in such a case, you become a legitimate disbursement channel for these interests.

Summarized from the full answer at Ftawy · reviewed Sep 2, 2026

Read the full answer on Ftawy