Is it permissible to deposit money in an Islamic bank with a monthly return, and then spend the questionable return (usury/interest) on charitable causes such as building hospitals and restrooms?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
It is not permissible to deal with usurious banks for the purpose of taking interest and using it for the benefit of Muslims, as this involves striving to acquire unlawful money and aiding those banks in sin. As for one who repents from usurious transactions, the interest is not lawful for him, and he must dispose of it by spending it on thealthings that benefit Muslims, and not by leaving it with the banks. However, dealing with Islamic banks that adhere to is permissible, and their profits are lawful.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/36553
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 36553
- 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