Back to search
The question

Is it obligatory to dispose of previously acquired bank interest by giving it to the poor, and keeping only the principal, then depositing it in a current account in an Islamic bank, or should it be deposited in an account with no interest whatsoever, bearing in mind that leaving the job may not provide an alternative source of income?

Share this answer

Source: FtawySummary from Ftawy's records · added here Sep 2, 20261 min readAlso available in العربية
The answer

The interest-based benefits paid by banks to depositors are explicit usury (riba) and unanimously forbidden. This money must be withdrawn, and the interest disposed of by spending it on the interests of Muslims or on the poor. The principal capital can be invested in Islamic banks that adhere to principles. There is no harm in a woman continuing to work if the Sharia guidelines are met, especially if she is in need of it to support herself.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

Read the full answer on Ftawy
Where this answer came from
Source platform
Ftawy
Original fatwa ID
96259
Added here
. This is when the answer was added to El Fatwa, not the fatwa's date.
Text
Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
Read the full ruling
Read the full answer on Ftawy